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Stephen Moore, a long-time supporter of President Trump, is expected to be appointed to a position on the Federal Reserve. (Andrew Harrer / Bloomberg News)
Stephen Moore, the likely candidate of President Trump for a position on the Federal Reserve, apologized on Sunday for his earlier comments on women who provoked a firestorm last week.
Moore, a long-time conservative commentator, has He looked closely at the chronicles he wrote in the National Journal in the early 2000s, denouncing mixed sports, saying that female athletes were seeking "equal pay for lower work" and saying that only beautiful women should be allowed to be referees or sports journalists.
"These articles you are talking about were 17 or 18 years old. These were humorous columns, but some were not funny, so I apologize, "said Moore on ABC," This Week With George Stephanopoulos ".
Moore expressed similar regret over a conservative radio program Sunday, saying that he was "embarrassed" by the "misguided" chronicles he had written and that his own sisters were offending.
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But Moore was adamant that he did not think his previous statements about women should disqualify him from the Fed. He described the articles on his past as "character assassination", comparing it to what Judge Brett M. Kavanaugh of the Supreme Court went through during his confirmation process.
Conservative CRC Public Relations is help promote Moore and write his message, as was the case for Kavanaugh last year.
"I'm not saying that I'm an angel, but I'm just saying that this kind of thing does not have much to do with being qualified to be part of the Federal Reserve and setting rates of interest ", Moore said" The Roundtable of Cats with John Catsimatidis. "
Moore called the appointment process "brutal" on Sunday, but said he was considering continuing to fight to get his confirmation. The White House has not yet officially nominated him, but he is subject to a thorough check of his background.
More recently, Moore made startling comments about women. In particular, he said in 2012 that the best part of his work at Fox News Channel "is that I met many beautiful women." In 2014, he said that women who earn more than men "could disrupt the stability of the family. "
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More and more economists and Democratic politicians have asked Moore to withdraw from the debate, saying that he was not qualified for the job and would harm the Fed's independence. , which could make it harder for the central bank to act in times of crisis. .
Trump "would like to cut [the Fed’s] wings by placing sycophants like Moore on his board. Economists and businessmen, almost to a man and a woman, think it's a terrible idea, "wrote former Fed vice-president Alan Blinder in a statement. article published by Foreign Affairs magazine last week.
Moore, Trump's 2016 campaign advisor and author of the book "Trumponomics: The First US Plan to Revive our Economy," said Sunday that the stock market would be restored if a Democrat was elected president in 2020 and that liberal ideas were a "Real danger" for the economy.
"If people really thought that these [Democratic] the ideas would come into play and enter the White House, you would see the biggest sale on the stock market in American history, "Moore said.
Republicans hold a 53-to-47 majority in the Senate, and Moore would likely need almost every GOP vote to be confirmed, including female party senators. Herman Cain, Trump's other candidate for one of the last two seats on the Fed's board of directors, stepped down after four GOP senators voted against him.
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No Republican senator has publicly stated that he would not vote for Moore, but he is expected to have his confirmation difficult. Senator Elizabeth Warren (D-Mass.) Sent Moore two letters with detailed questions about her connection to conservative causes, her earlier statements asking Fed Chairman Jerome H. Powell to resign as well. gold standard.
It was also revealed that Mr. Moore was convicted of contempt of court for failing to pay his ex-wife more than $ 330,000 in child support and alimony in 2013, and that the Club for Growth, a conservative rights organization, had the Federal Election Commission for inappropriate actions while Moore was the group's chairman.
Mr. Moore holds a Master's degree in Economics from George Mason University and has spent many years as an economics researcher at the Heritage Foundation Curatorial. He was an advisor to Trump's 2016 presidential campaign and remains close to National Economic Council president and director Larry Kudlow, who continue to support Moore.
"I will not back down in front of this fight. The president is firmly behind me, "Moore said.
Read more:
US economy looks like the 90's, but with more inequality and less recession preparation
US recession seems less likely in 2020, increasing chances for Trump's reelection
Herman Cain withdraws from the Federal Reserve, but Trump still wants his allies at the central bank
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