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Trump’s Federal Reserve nominee doesn’t know how the Fed works

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Stephen Moore, who was nominated last week by President Donald Trump to be a governor of the U.S. Federal Reserve, has admitted in an interview that he needs to do a lot of homework about his potential future place of employment.

Moore, who does not have doctorate in economics even though he regularly opines on economics in media appearances, told Bloomberg TV that he still isn’t sure what he’ll be doing in at the Federal Reserve, and he needs to educate himself about what America’s central bank actually does.

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“I’m kind of new to this game, frankly, so I’m going to be on a steep learning curve myself about how the Fed operates, how the Federal Reserve makes its decisions,” Moore explained. “It’s hard for me to say even what my role will be there, assuming I get confirmed.”

Moore’s nomination has drawn widespread criticism, even among some conservative economists. Greg Mankiw, a Harvard professor who was chairman of the White House Council of Economic Advisers under President George W. Bush, urged the Senate to vote down Moore’s nomination to serve at the Fed.

“He does not have the intellectual gravitas for this important job,” Mankiw wrote. “It is time for senators to do their job. Mr. Moore should not be confirmed.”


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Lev Parnas’s lawyer declared ‘open war’ on AG Bill Barr during Maddow interview: attorney

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The attorney for Rudy Giuliani associate Lev Parnas appears to be using a novel legal strategy, attorney Luppe Luppen explained on Friday.

Joseph Bondy, the attorney for Parnas, was interviewed Friday evening by Rachel Maddow, following the day's end of the Senate impeachment trial of President Donald Trump.

Luppen, who offers legal analysis on his popular @nycsouthpaw Twitter account, came to a conclusion that seemed to surprise him after watching the interview.

"I’ve never seen a lawyer sit on a cable panel show and make that much news," Luppen wrote.

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Democratic prosecutors wrap up case against Trump

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Democratic prosecutors on Friday wrapped up three days of arguments for seeking Donald Trump's removal from office, as the US president's lawyers prepared to take their turn presenting his defense in the Senate's historic impeachment trial.

For a final eight-hour stretch, the 100 senators listened as Democrats argued that Trump abused the power of the presidency in pressuring Ukraine to launch investigations that would help him politically and then sought to block efforts by Congress to investigate.

Democrats said they had met the burden of proof as they warned Republicans that Trump would remain a grave danger to the nation if left in office.

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‘Give me a break’: Internet unleashes on ‘snowflakes’ Susan Collins and Lisa Murkowski for complaint about Schiff

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CNN's Manu Raju revealed after the Senate adjourned that Sen. Susan Collins (R-ME) audibly disputed Rep. Adam Schiff's (D-CA) quotation of a CBS News report threatening senators.

"She shook her head and said, 'No they didn't. No, that's not true,'" Raju reported.

Sens. Tom Cotton (R-AR), Jim Risch (R-ID) Lisa Murkowski (R-AK) and John Barrasso also said that the report was false.

https://twitter.com/GriffinConnolly/status/1220891285910892544

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