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    Stephen Moore, Trump ally, withdraws from contention for Fed seat

    by Don Lee, Los Angeles Times May 02, 2019 4 minutes

    WASHINGTON - President Donald Trump was dealt another setback in his bid to put a political ally on the Federal Reserve board as plans to appoint Stephen Moore, a conservative commentator and economist, collapsed amid a backlash sparked by Moore's past writings and statements that disparaged women and gender equity.

    Trump said in a tweet Thursday that Moore "has decided to withdraw from the Fed process." It came just hours after Moore insisted publicly that he was not dropping out.

    Trump made clear in March his intention to place Moore, a senior adviser on his 2016 presidential campaign, on the seven-member board of the

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