WASHINGTON — A top White House official says the Trump administration is “fully behind” Stephen Moore, the president’s latest choice to help lead the Federal Reserve. That’s despite unflattering financial details about Moore’s personal life that have come to light since President Donald Trump announced his decision.
Larry Kudlow, director of the National Economic Council, says “we are fully behind” Moore. Kudlow says Moore would be a “breath of fresh air” at the central bank. Kudlow complains people are “being awfully hard” on Moore.
Moore is a former Trump campaign adviser who has been affiliated with conservative groups. Some economists say Moore could inject politics into an institution that strives to keep its decisions free from political influence.
Kudlow was asked about Moore during a roundtable sponsored by the Christian Science Monitor.