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Trump Administration Shakeups Continue with Stephen Moore’s Step-down
Stephen Moore is out of the running, but the President’s announcement came with a caveat regarding this involvement in economic affairs.
When you hire a cutthroat businessman to be the President of The United States, it would be foolish to believe that the status quo was safe.
Yet, here we are, watching opponents of President Trump continuing to decry his leadership style, as if they had no earthly idea that things would be different this time around.
It’s simply a case of the “resistance” playing dumb, and utilizing the negative connotations of the word “unprecedented” far too often.
Yet, it’s certainly the same sort of drivel we’re going to hear as Federal Reserve nominee Stephen Moore has stepped away from the process.
Stephen Moore, a conservative commentator whom President Donald Trump had tapped for the Federal Reserve board, withdrew from consideration Thursday after losing Republican support in the Senate, largely over his past inflammatory writings about women.
Trump tweeted the news of Moore’s withdrawal, only hours after Moore had told two news organizations that he was still seeking the board seat and still had the White House’s support.
Trump announced otherwise early Thursday afternoon.
“Steve Moore, a great pro-growth economist and a truly fine person, has decided to withdraw from the Fed process,” the president tweeted.
The President went on to wish Moore well, and indicated that he would be tapping into his considerable financial talents in other capacities in the future.
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