Stephen Moore, who was President Donald Trump’s pick to fill a seat on the Federal Reserve, is fighting back against his critics for their “gutter campaign tactics and personal assaults.”
Moore made his comments in a column posted Thursday evening by The Wall Street Journal.
“When President Trump asked me to serve as a member of the Federal Reserve Board, I was honored,” he said. “I never imagined the storm that would follow. The left and the media instantly launched a relentless campaign against me.
“Last week a reporter who has covered the Fed for 30 years told me he’d never seen anything like it. On Thursday I reluctantly threw in the towel and asked the president not to nominate me.”
Moore acknowledge that “many of my ideas on monetary policy were controversial and outside the box.” But he said that’s why he was selected by Trump.
“What did me in was not my economic ideas but gutter campaign tactics and personal assaults,” he said. “I’ve been called an adulterer, a misogynist, a tax cheat, a deadbeat dad, antigay and mentally unfit.”
He noted one of the “most vicious attackers” had been CNN
“In 2017 the network signed me to a two-year contract as a senior economic analyst. I appeared on the air more than 100 times, and CNN renewed my contract,” Moore said. “As soon as Mr. Trump said he would nominate me to the Fed, the network began trashing me day after day for things I’d written decades before it hired me.”
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