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Home>GoldWire>Trump nominates to Fed board a harsh critic of its chairman

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Trump nominates to Fed board a harsh critic of its chairman

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Chris Powell

GATA

Published : March 23rd, 2019

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	PALM BEACH, Florida -- President Donald Trump on Friday tapped Stephen Moore, a conservative economic commentator and fellow critic of Federal Reserve policy under Chairman Jerome Powell, to join the U.S. central bank's board of governors, a move that would put a Trump loyalist inside the world's most important financial institution. Moore, who last year suggested in a radio interview that Trump had cause to fire Powell for "wrecking our economy," would add a critical and unconventional voice to a collegial committee that unanimously backed Powell in keeping rate hikes on hold this month. The group often reach policy decisions by consensus after debating the issues. ... ... For the remainder of the report: https://www.reuters.com/article/us-usa-fed-mo...a-strident-p... *** * ***

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Chris Powell is the secretary of the Gold Anti-Trust Action Committee (GATA) which has been organized to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities.

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