Trump’s candidate for Fed under fire for comments on women
The Federal Reserve building in Washington, DC: one of President Trumps’ nominees for the two vacant spots on the board of governors has withdrawn from the running, while the other — Stephen Moore — is under fire for sexist comments he made in the past (Brendan Smialowski)
Washington (AFP) – The White House said Monday it was reviewing the past writings of Stephen Moore, President Donald Trump’s nominee to the board of the Federal Reserve, after charges of sexism were leveled at the economist.
Moore, a 59-year-old conservative political commentator, advised President Donald Trump when he was running for office and has frequently defended him on television news shows.
He has come under fire since his nomination to the Fed’s powerful board of governors for articles he has written over the years, in particular his pronouncements concerning women.
In his writings, Moore has warned against the dangers of women earning more than men, which he argued could destabilize family life, and called women refereeing men’s basketball an “obscenity.”
Spokeswoman Sarah Sanders said Monday the White House was reviewing Moore’s controversial writings, some of which date back some 20 years.
“When we have an update on that front, we’ll let you know,” Sanders told reporters.
Moore has expressed regret for some of the opinions voiced in the past, and claimed that some of them were meant as jokes.
“Frankly, I didn’t even remember writing some of these they were so long ago,” Moore told ABC news this week.
Trump’s other candidate for the Fed’s board, Herman Cain, withdrew from the running last week after several senators made it clear they would block the former pizza magnate as lacking the necessary experience to oversee central bank policy.
Disclaimer: Validity of the above story is for 7 Days from original date of publishing. Source: AFP.