Capitol Report: Why Moore at Fed would set bad precedent | House Democrat says Trump wants big infrastructure package

Heritage Foundation, Willis Bretz
Stephen Moore

Confirming Stephen Moore, President Donald Trump’s choice for the Federal Reserve’s Board of Governors, would “set a bad precedent” for future picks at the central bank and other nominations, the Washington Post writes in an editorial.

The editorial’s case against Moore includes his being, in the Post’s words, “perennially fired up about cutting taxes to boost economic growth — often more fired up than either theory or data would support.” It also notes Moore is a self-described fan of Trump’s and concludes, “cheerleaders belong on the sidelines.” Trump hasn’t formally nominated Moore yet, but said last week he was his choice for one of two open spots on the Fed’s board.

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