One of President Donald Trump's nominees to the powerful board of governors of the Federal Reserve System faces a rocky confirmation amid concerns about both the orthodoxy and consistency of her economic views.
Sen. Bernie Sanders (I., Vt.) on Sunday doubled down on the misleading claim that the Federal Reserve's emergency injection of money into financial markets earlier in the week was unfair to average workers.
Conservative leaders and organizations rallied around President Donald Trump's Federal Reserve nominee Stephen Moore on Friday after the U.S. Commerce Department announced the gross domestic product increased at a 3.2 percent annual rate during the first quarter of 2019.
Female former colleagues of Stephen Moore voiced their support for his nomination by President Donald Trump to the Federal Reserve, amid accusations that Moore wrote sexist columns about the inferiority of women in sports in the early 2000s.
The U.S. Federal Reserve raised interest rates on Wednesday, as expected, but forecast fewer rate hikes next year and signaled its tightening cycle is nearing an end in the face of financial market volatility and slowing global growth.