Trump breaks precedent again with latest Fed pick

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Trump breaks precedent again with latest Fed pick
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Trump breaks precedent again with his latest Fed pick

Most presidential nominees usually want to show off their expertise and qualifications when being considered for a federal appointment. But not Stephen Moore, President Donald Trump's pick, to join the Federal Reserve.

Hours after Trump said last week that he plans to nominate Moore to the board of the world's most powerful central bank, the former campaign adviser went on Bloomberg Television and openly acknowledged his unfamiliarity with monetary policy-making. "I'm kind of new to this game, frankly, so I'm going to be on a steep learning curve myself about how the Fed operates, how the Federal Reserve makes its decisions," Moore said Friday in an interview.

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