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From Banking and Finance Law Daily, March 22, 2019

Trump to nominate Stephen Moore to Fed

By J. Preston Carter, J.D., LL.M.

The nation’s leader announced his nomination to fill a vacancy on the Fed Board of Governors.

President Donald Trump announced that he is nominating Stephen Moore to fill a vacancy on the Federal Reserve Board of Governors. In remarks upon the landing of Air Force One in Palm Beach, Fla., President Trump said, "I will be nominating Mr. Moore for the Fed." Currently there are two vacancies on the seven-member Board of Governors of the Federal Reserve.

Moore, a visiting fellow at the Heritage Foundation, founded and served as president of the conservative Club for Growth. He also served on editorial board of the Wall Street Journal. During the 2016 U.S. presidential campaign, Moore advised Trump's campaign on economic policy and assisted in drafting the campaign's economic agenda. In his remarks referring to Moore, Trump added, "He’s going to be great on the Fed."

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