A former domestic policy aide in the Trump White House who now oversees economic policy at The Heritage Foundation reportedly is under consideration for one of the two open positions on the Federal Reserve Board.
Paul Winfree, who was deputy director of the White House Domestic Policy Council, confirmed to the Wall Street Journal that he has been contacted by the White House about the potential nomination and has expressed interest in the job.
Winfree left the Trump White House last year to become director of the Thomas A. Roe Institute for Economic Policy Studies at the Heritage Foundation, the Journal reported. He held the same job before working in the administration and previously worked as director of income security on the U.S. Senate Budget Committee, according to his biography on the Heritage website.
Winfree also was named one of the four “Rising Stars of 2017” in the Trump administration by Congressional Quarterly, according to his biography on the Heritage Foundation’s website.
The report about Winfree came a day after economic commentator Stephen Moore withdrew from consideration for a seat on the Fed Board after weeks of criticism about his political partisanship, shifting views on interest rate policy, and sexist comments about women.
Moore, 59, was picked by Trump in March to fill one of two vacant positions at the Fed, but had not been formally nominated, Reuters reported.
At the Fed, Moore would have had a permanent vote on setting interest rates for at least five years and as many as 11 years, depending on which of two vacant posts he would have occupied.
Trump’s other pick for the Fed, businessman Herman Cain, withdrew from consideration in mid-April after lawmakers expressed discomfort with the sexual harassment allegations that short-circuited Cain’s presidential bid in 2012. Cain has denied those allegations.
Moore, for his part, has said his comments about women were meant as humor.
Winfree has long-standing ties to conservative economic circles and White House officials, but he does not have the long trail of controversial and provocative comments that felled Cain and Moore, The Washington Post said.
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