White House official says the Trump administration is “fully behind” Stephen Moore
A senior White House official says the Trump administration "stands behind" Stephen Moore, the president's last choice to help lead the Fed. This is despite the stark financial details of Moore's personal life, which has come to light since President Donald Trump announced his decision.
“we are fully behind” says Larry Kudlow, director of the National Economic Council. Kudlow says Moore will be a “breath of fresh air” at the central bank. Kudlow complains that people are "too strict" with Moore.
Moore is a former Trump campaign adviser who belongs to conservative groups. Some economists say Moore can pump politics into an institution that strives to keep its decisions free from political influence.
CTM News | 3rd April 2019