Commentary: We Need Supply Side Warrior Steve Moore on the Fed Board

by George Rasley   In late March, and partly at the urging of Larry Kudlow, Director of President Trump’s National Economic Council, the President announced his intention to nominate our good friend Stephen Moore to one of the two open seats on the Federal Reserve Board of Governors. Conservatives, who…

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Herman Cain’s Fed Nomination May Be Over Before It Starts

by Whitney Tipton   Several GOP senators expressed concern Tuesday over Trump’s selection of Herman Cain for the Federal Reserve Board, casting doubt that the former GOP presidential candidate will be formally nominated. Two Republicans raising issues, Republican North Dakota Sen. Kevin Cramer and Republican South Carolina Sen. Tim Scott,…

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Trump Picks Former Presidential Candidate Herman Cain for Fed Board

U.S. President Donald Trump plans to nominate former pizza chain executive and Republican presidential candidate Herman Cain for a seat on the Federal Reserve Board, where he will help set interest rates for the world’s biggest economy. “I have recommended him highly for the Fed,” Trump said in a press…

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As The Fed Dumps Billions in Government and Mortgage Bonds, Questions of ‘Engineering’ a Recession Swirl as 2020 Nears

by Robert Romano   Recession warning lights are flashing predictably after the Federal Reserve has finally ended quantitative easing – it’s now dumping $50 billion of government and mortgage bonds a month – and short-term interest rates have risen. The 10-year-3-month treasuries spread inverted on March 22, and the 10-year-2-year and the 10-year-federal-funds-rate do not appear…

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Trump to Nominate Stephen Moore for Fed Board

President Donald Trump said Friday that he will nominate Stephen Moore, a conservative economic analyst, to fill a vacancy on the Federal Reserve’s seven-member board. Moore, a well-known and often polarizing figure in Washington political circles, served as an economic adviser to Trump during the 2016 presidential campaign. In that…

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Commentary: The Federal Reserve Falls Short of the Rule of Law

by Alexander Salter   “Money is power.” We’ve all heard this aphorism many times before. Too often it’s a lazy shorthand dismissal of the finding of mainstream economics, which show that the pursuit and possession of money often entails innocuous or even beneficial consequences for society. Dr. Johnson was right…

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