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One of President Donald Trump's new choices to serve on the Federal Reserve Board, Trumponomics author Stephen Moore was found guilty of contempt of court in 2012 for failing to pay over $ 300,000 in child support and alimony.
The court documents recently released by Jon Swain and David Smith of The Guardian show that Moore has repeatedly failed to make payments being part of a divorce settlement made in 2011 with his ex-wife, Allison Moore. Not only was Moore found guilty of contempt of court, but his failure to comply with the terms of his settlement even prompted a judge to order the sale of his house to pay off his debts.
According to court records, several police officers accompanied relatives and a locksmith to Moore's home in May 2013 to change the locks and prepare the property for buyers. After the court-ordered break-in, Moore paid about two-thirds of what he owed his ex-wife. Allison Moore told the court that the payment of $ 217,000 was sufficient and intervened to stop the resale of the house.
Moore is one of two controversial presidential choices to fill vacant seats in the Federal Reserve (the other Trump candidate is the former Republican presidential candidate and one of the leaders of the Herman pizza business) Cain). A Trump loyalist, Moore is a senior member of the conservative Heritage Foundation who frequently provides economic commentary to the media.
Allison Moore attempted last week to protect the court documents from public view under a seal, but several media outlets have called for them to be released. In a statement released this week, Moore said that he and his wife had settled their divorce "amicably many years ago and we remain friendly to this day."
Moore's nomination process does not go as well
It's been just over two weeks since Trump named Moore for the first time at the Federal Reserve, and he's already witnessed several uncomplaining headlines.
Last week, The Guardian told the media that Moore still owed more than $ 75,000 in taxes and penalties to the Internal Revenue Service. The tax lien would arise from an error in his 2014 tax return. Moore stated that he was working to resolve the problem with the IRS, in part by paying his taxes in recent years with "Tens of thousands of dollars".
The unflattering coverage of the press cast a shadow over Moore's candidacy, which some say was an impulsive move by Trump that paid little attention to Moore's qualities. Aaron Rupar, of Vox, explained last month: "Moore is better known for his fierce loyalty to Trump than for his brilliant economic intellect." Rupar has a glimpse of pandits of more infamous moments:
Moore, who contributed to CNN's announcement of Trump's nomination in 2017, did not just talk about the economy on television. He also has defended US Senate candidate Roy Moore now failed when he was accused of assaulting a teenage girl, claiming that the Democrat standing against him (current Senator Doug Jones) was as mean as he was defending the right to be. abortion.
Moore also went viral in a high-profile interview on Don Lemon's CNN show, in which he tried to shame Stormy Daniels. In addition, he is a supporter of climate change who once said on CNN that scientists lie about climate science to get "really, really, really rich. "
We still do not know if Moore's story, his controversial points of view and his heated selection process will do anything to derail his candidacy. Asked by CNBC if he thought that the settlement of his divorce would jeopardize his chances of claiming a seat on the Federal Reserve, Moore had an answer in one word: "No"
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