White House: 'People are being awful hard' on tax-cheating Fed pick
The White House stands behind Trump’s Federal Reserve Board nominee, who owes $75,000 in taxes to the IRS.
Stephen Moore owes $75,000 in taxes to the IRS, and was once held in contempt of court for failing to pay $300,000 in child support, alimony and divorce settlement payments to an ex-wife who he cheated on “openly and tastelessly” during their marriage.
Yet the White House is standing behind Moore’s nomination to the Federal Reserve Board, a powerful board that helps set monetary policy in the U.S.
“I spoke to the president yesterday. He completely supports Steve. I certainly do,” National Economic Council Chairman Larry Kudlow said Wednesday at a Christian Science Monitor breakfast.
Kudlow added that, “People are being awful hard on” Moore, saying that, “This town is a toxic town in some respects.” (Of course, Trump has contributed to the toxicity of Washington, D.C., unleashing petty and mean-spirited attacks on political foes, both on the left and right.)
“So we are fully behind him,” Kudlow said of Moore. “He’s a smart guy and I think he will be a breath of fresh air in the Fed. So far it’s all systems go.”
Trump nominated Moore to the role on March 22, after reading some of Moore’s columns.
As a columnist and Fox News regular, Moore has unleashed crazy economic theories, including that unemployment insurance is like a “paid vacation” for job hunters, and that paid sick leave for full-time employees is “very dangerous.”
But it’s not surprising the White House would stick by Moore.
An adulterer and tax cheat fits right in at the Trump White House, after all.
Published with permission of The American Independent Foundation.
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