Despite the revelations from the Moores’ divorce, President Trump continues to back Stephen Moore’s nomination to the Fed, according to a senior White House official who spoke to CNBC.
Court records from Stephen Moore’s divorce paint President Donald Trump’s nominee for the Federal Reserve Board as a brazen philanderer who openly talked about his mistress in front of his kids — and then continued shorting his ex-wife on tens of thousands of dollars of alimony and child support even after a judge held him in contempt of court.
The conduct by Moore, a conservative economist, as alleged by his former wife, Allison Moore, stands in sharp contrast to his publicly published positions on marriage. Allison and Stephen Moore on Monday both issued statements using friendly language about each other, with Allison saying they had “reconciled through our divorce.”Trump on March 22 said he would nominate Moore to the Fed’s board of governors, after he read a Wall Street Journal column Moore had co-authored entitled “The Fed is a Threat to Growth.
When Trump formally submits Moore’s nomination to the Senate, the Senate Banking Committee will be responsible for reviewing Moore’s nomination and for forwarding it for a vote to the full Senate. he avoided a court-ordered sale of his house by paying Allison $217,000 toward his arrearage of more than $333,300.On Monday, The Guardian posted online the case records it used for its original report hours after CNBC broke the news that the file had been sealed to public inspection at Allison’s request.
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