“It is my pleasure to announce that @StephenMoore, a very revered Economist, will possible be nominated to serve on the Fed Board. I’ve acknowledged Steve for a really very long time — and have little doubt that he’ll possible be a formidable choice!” Trump tweeted.
Moore, 59, is the creator of “Trumpeconomics: Contained within the America First Plan to Revive Our Financial system” and a former member of the Wall Avenue Journal editorial board. He was moreover beforehand a CNN contributor.
A CNN spokeswoman confirmed that Moore is no longer a contributor, nevertheless did not contact upon when the connection ended.
The pending nomination was first reported by Bloomberg Data, and subsequently confirmed by Trump to reporters.
There are presently two vacancies on the seven-member Fed Board.
Nominations to the Fed Board require Senate affirmation.