Trump’s Fed Pick Draws Democratic Fire at Confirmation Hearing

In a recent confirmation hearing, Stephen Moore, President Trump's pick for the Federal Reserve's Board of Governors, faced scrutiny from Democratic lawmakers. Moore pushed back against concerns that he would simply follow Trump's directives at the central bank, despite acknowledging that he would retain his White House job. The hearing highlighted the ongoing tensions between the administration and the Federal Reserve, with Democrats questioning whether Moore's political ties and past controversial statements would compromise the Fed's independence. Moore defended his qualifications and experience, arguing that he would bring a fresh perspective to the Fed's policymaking. The confirmation process is likely to continue as lawmakers weigh Moore's suitability for the role. The outcome could have significant implications for the Fed's decision-making and its ability to operate without undue political influence.