Donald Trump sought to seat two partisan hacks on the Federal Reserve Board of Governors.
One of them, Herman “9-9-9” Cain pulled out. The Godfather’s Pizza mogul faced questions and allegations concerning sexual harassment. Never mind that he had next to zero knowledge of what the Fed actually does. He’s out!
Now we hear that Stephen Moore, another Fed critic, has pulled his name out of consideration. Moore writes occasionally for the Wall Street Journal, appears on Fox News Channel and bashes the Fed whenever someone prompts him to do so.
Moore also has spoken badly about the role of women in the workplace.
Donald Trump finds these individuals in search of individuals who would enable him to politicize the Fed, which historically a decidedly non-partisan organization. It helps set economic policy without regard to any loyalty to the president who appoints the Board of Governors.
The president keeps yapping about how many highly qualified individuals are lining up to work in the federal government while he is on the watch. Herman Cain and Stephen Moore didn’t fit the bill.
Get busy, Mr. President, and present those individuals you keep saying are out there.