Tag: Stephen Moore

The Story: The Republican candidate for Governor of Virginia, Glenn Youngkin, said recently that his chief economic advisor in his campaign is Stephen Moore, whom...

NN's Anderson Cooper calls out President Trump for saying he would fill his administration with the "best and brightest" following Stephen Moore's withdrawal from consideration for a seat on the Federal Reserve Board after past writings about women resurfaced. #CNN…

Economic commentator Stephen Moore has withdrawn his name from consideration to sit on the Federal Reserve Board of Governors, President Donald Trump tweeted. "Steve Moore, a great pro-growth economist and a truly fine person, has decided to withdraw from the…

Mr. McConnell, of Kentucky, who grumbled in private about Mr. Trump’s decision, managed a laugh. He had spent much of that week urging Mr. Trump, unsuccessfully, to abandon his plan to declare a national emergency at the border with Mexico to secure wall funds that Congress had denied him. Mr. McConnell, speaking in his office last week, promoted his collaboration with the White House on nominations and tax reform but pushed back when asked if Mr. Trump’s unpredictable behavior had hijacked his legacy. “Anyone that deals with the president is part of the Trump message,” said former Senator Harry Reid, a Nevada Democrat who was majority leader, when asked about Mr. McConnell during a phone interview on Saturday. Soon after, Mr. McConnell told one fellow Republican senator that Mr. Pence, while well intentioned, could not be entirely relied upon as a negotiator who spoke for the president. Other times, Mr. McConnell sends his message more by what he does not do than what he does. “When Democrats were in the majority, we had a positive legislative agenda that would help the middle class in this country,” said Senator Chuck Schumer of New York, the Democratic leader. “The Senate Republican agenda for the last two years has been to do whatever Donald Trump tweeted that morning.” Mr. McConnell’s approach is rooted in his personal political realities: He cannot afford to have the president, whose support with the party’s base remains solid, turn on him. While Mr. McConnell does not interact with Mr. Mulvaney much, he did reach out to him last year, when Mr. Mulvaney was running the White House budget office, to ask that the president request $400 million for a new Department of Veterans Affairs hospital in Louisville, according to a person with direct knowledge of the conversation. Mr. Mulvaney said yes.

Democratic US senators have pressed Stephen Moore for detailed information on his finances over the past decade, after the Guardian revealed he owed $75,000 in federal taxes and was held in contempt of court over unpaid debts. Moore, the economics commentator chosen by Donald Trump for a seat on the Federal Reserve’s board of governors, was warned in a letter that he may need to provide a full tax return to senators preparing to consider his nomination. The articles disclosed that the IRS is pursuing Moore for $75,000 that it assesses he owes for 2014, and that he was separately reprimanded by a judge in November 2012 for failing to pay more than $300,000 in alimony and child support to his ex-wife. Brown and Wyden asked Moore to explain why he had still not paid the IRS, despite a lien for the debt being filed to court in Maryland in January 2018. Moore has blamed IRS bureaucracy, saying that calls to the service have gone unreturned. Moore said on Fox News this week that the findings on his personal finances and legal issues were irrelevant. “This doesn’t have anything to do with whether I’m qualified to be on the Federal Reserve board,” he said. He was asked in the letter if he had wrongly claimed deductions for child support in other tax years, and whether his alleged debt to the IRS related to any other issues on which he had been challenged. He was also pushed to explain why he apparently failed to respond to notifications from the IRS for several years, and whether any adjustments were made to his tax bills following audits in the last decade. The senators asked for a response by 15 April.

Legal filings detailing how Stephen Moore, Donald Trump’s pick for a Federal Reserve board seat, was found in contempt of court have been hidden from the public following a report by the Guardian. The entire file on Moore’s divorce was sealed by a court order on Monday in response to a request from Moore’s ex-wife, according to a clerk at Fairfax county circuit court in Virginia. CNBC first reported the file had been sealed. Documents from the file were copied by a Guardian reporter last week at the courthouse before the request to seal was made. If Moore is formally nominated he must be confirmed by the US Senate. This prompted the judge to order the sale of his house to satisfy the debt in 2013. In a signed response from April 2011, Moore said that he “admits all allegations” in his ex-wife’s divorce complaint. Moore said: “Allison Moore and I were married for 19 years and have three wonderful sons whom we have co-parented. Our divorce was settled amicably many years ago and we remain on friendly terms to this day. I am happy to speak to the media on any matters related to the economy or my views on the Fed.” Allison Moore said: “Steve Moore and I reconciled through our divorce many years ago and we would hope the media would respect our privacy.