Stephen Moore, Trump’s pick for Fed, will be lightning rod for president’s opponents

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Stephen Moore, Trump’s pick for Fed, will be lightning rod for president’s opponents
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President Donald Trump on Friday named Stephen Moore, an former editorial writer with the Wall Street Journal, for a seat on the Federal Reserve Board.

President Donald Trump on Friday nominated former Wall Street Journal editorial writer Stephen Moore to a seat on the Federal Reserve board in his most controversial choice to the central bank so far.

“I think Moore is so closely identified with Trump’s policies that he’ll become a lightning rod in the confirmation hearings,” said Greg Valliere, chief strategist for AGF Investments. Moore, 59, also helped to found the Club for Growth, a Super PAC that helped elect conservatives to Congress, and then became a editorial writer for the Wall Street Journal. He is now a distinguished visiting fellow at the Heritage Foundation.

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