Trump nominates Heritage Foundation economist Stephen Moore to Fed board, Moore explains: “The Fed is the Swamp”


Stephen Moore has long been a champion of sensible market based economics.

(From The Daily Caller)

An official familiar with the nomination said Moore’s latest op-ed in the Wall Street Journal on the Fed is what pushed his nomination forward. Moore co-authored an op-ed in which he wrote that “the Fed should stabilize the value of the dollar by adopting the commodity-price rule used successfully by former Fed chief Paul Volcker,” explaining that “to break the crippling inflation of the 1970s, Mr. Volcker linked Fed monetary policy to real-time changes in commodity prices.”

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