Does Senator Tillis Still Think Trump’s Fed Board Pick Is “Great” Despite His History of Degrading Women and Seniors?
Moore Claims “Not a Single [Senate] Republican” Opposes His Potential Nomination
WASHINGTON, D.C. — Last March, President Trump tapped Stephen Moore, a self-described “radical” who’s not a “big believer in democracy,” to serve a 14-year term overseeing the nation’s monetary policy on the Federal Reserve Board of Governors. Moore made a name for himself as a conservative commentator and frequent cable news guest who pushes fringe right-wing ideas like dismantling Social Security because in his words: “We’ve probably gone too far in providing a safety net for the elderly.” Moore’s troubling history of trafficking in misogyny and sexism has also come to public light in recent days. The question is: does Senator Thom Tillis still plan to approve having Moore’s fringe views on the Fed board where he would have influence over decisions that impact millions of Americans?
Stephen Moore boasted last week that the White House told him not a single Republican Senator is opposing his nomination. While many Republican Senators have not publicly weighed in, Senator Thom Tillis was quick to call Moore a “great pick for the Federal Reserve” and said he would “most likely” support him, “absent anything that [comes] out of the hearings.”
“Much has come to light since March about Stephen Moore’s history of degrading women, dissing democracy, and disparaging the elderly, but Senator Tillis’ support seems to have remained steady,”said Jeremy Funk, spokesman for consumer watchdog group Allied Progress. “We’re talking about someone who egged on a roomful of kids to burn their Social Security cards and who thinks seniors who depend on Social Security are living too high on the hog. If Senator Tillis considers someone who holds these views to be serious and rational choice for a fourteen year-appointment to the Fed, it’s time to question his own judgement.”
BACKGROUND If Senator Tillis Plans to Rubber-Stamp Moore for the Fed, Does He Agree With Some, Most or All Moore’s Extreme Views?:
- Moore Has Repeatedly Called for Scrapping the Federal Reserve in Favor of a Return to the Gold Standard, an Idea Resoundingly Rejected by Republicans and Democrats Alike in the Economist Community
- Moore Has Advocated For a Regressive National Sales Tax That Would Be a Massive Tax Cut for Millionaires While Increasing The Tax Burdens of Low- And Middle-Income Taxpayers
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