Amid controversy, Trump Fed choice withdraws
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.
The president announced otherwise Thursday afternoon on Twitter.
“Steve won the battle of ideas including Tax Cuts and deregulation which have produced non-inflationary prosperity for all Americans,” Trump said. “I’ve asked Steve to work with me toward future economic growth in our Country.”
In a note to Trump that he released later, Moore said the “unrelenting attacks on my character have become untenable for me and my family and three more months of this would be too hard on us.”