President Trump says he will nominate Stephen Moore to serve on the Federal Reserve Board — and it may be because of a Wall Street Journal op-ed.
Moore, a former member of the The Wall Street Journal's editorial board, on March 13 co-authored a column titled "The Fed is a Threat to Growth." In it, he and Louis Woodhill criticize the Federal Reserve, asking "what problem were they trying to solve" with its "inexplicable" rate hikes. The column also argues that subsequent "market turbulence ... was all the Fed's doing."
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