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Who’s Afraid of Stephen Moore? And Why?

John Fund, National Review

The notion that having Moore on the Federal Reserve Board will make the Fed recklessly follow Donald Trump’s whims is preposterous. All key Fed decisions are made by a committee of up to twelve members — the seven governors nominated by the White House and five heads of regional Fed banks. Moore would be one voice at the table. What’s really astonishing about the hysterical reaction to Moore’s appointment to the Fed is how much it reveals the intellectual insecurity and clannishness at the heart of the Washington policy community.

https://www.nationalreview.com/2019/03/stephen-moore-federal-reserve-board-beltway-groupthink/