Trump Reportedly Taps Former WSJ Ed Board Member To Fill Vacant Fed Seat

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TL;DR

There are two open positions on the Feds seven seat Board of Governors. President Trump has just enlisted a key ally in his battle of wills with Fed Chairman Jerome Powell. Bloomberg reported Thursday night that Moore was being considered for the seat WSJ Fed correspondent Nick Timiraos reported Friday morning that Trump had informally offered Moore the job. According to Timiraos and the FBI will presumably run a background check. Assuming Moore clears his vetting and the Senate the Trump Administration will still need to fill a second seat on the Feds Reserve Board

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