Trump Won’t Nominate Stephen Moore For Fed Board

The New York Times reports:

President Trump said he would not nominate Stephen Moore for a seat on the Federal Reserve board after several Republican lawmakers raised concerns about the conservative economist’s previous comments denigrating women.

Mr. Moore, who continued to insist as recently as Thursday that he retained Mr. Trump’s support, appeared unlikely to win Senate confirmation after Republican lawmakers criticized his past comments and financial issues stemming from a 2010 divorce.

This is the second time in recent weeks that one of Mr. Trump’s Fed picks was forced to withdraw over concerns about their views and attitudes toward women. Herman Cain, a former pizza magnate, bowed out as he battled previous accusations of sexual harassment that ended his 2012 presidential campaign.