A Trump dilemma: Finding a dovish GOP ally to serve on Fed

 


WASHINGTON (AP) — The skeptical response to President Donald Trump's choice of Stephen Moore for the Federal Reserve has thrown a spotlight on the tough task Trump has set for himself: Finding a rare conservative ally who both favors cutting interest rates and is respected enough to win Senate confirmation.

Frustrated by the Fed's handling of rates under Jerome Powell — his own choice to be chairman — the president tapped two outspoken political boosters to fill a pair of vacancies on the Fed's board. One, Herman Cain, withdrew from consideration last week amid renewed scrutiny of sex...



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