Stephen Moore, a conservative commentator whom President Donald Trump had tapped for the Federal Reserve board, withdrew from consideration Thursday after losing Republican support in the Senate, largely over his past inflammatory writings about women.
Trump tweeted the news of Moore’s withdrawal, only hours after Moore had told two news organizations that he was still seeking the board seat and still had the White House’s support.
The president announced otherwise Thursday afternoon on Twitter.
“Steve won the battle of ideas including Tax Cuts and deregulation which have produced non-inflationary prosperity for all Americans,” Trump said. “I’ve asked Steve to work with me toward future economic growth in our Country.”
In a note to Trump that he released later, Moore said the “unrelenting attacks on my character have become untenable for me and my family and three more months of this would be too hard on us.”
Finding someone who fits the mold Trump seems to be seeking in a Fed governor is problematic. The president appears to be aiming for a reliable political ally who will push the Fed to cut short-term interest rates. Most traditional right-leaning economists, though, have pushed for higher interest rates for most of the past decade. Any, like Moore, who have reversed themselves to embrace the dovish approach favored by Trump might have a hard time winning Senate support.
As an adviser to Trump’s presidential campaign, Moore helped design the 2017 tax cuts. Yet his candidacy immediately met widespread skepticism about whether he was qualified for a Fed board position and concerns about his background as a highly politicized commentator on economic issues.
He had called for the Fed to raise rates in the aftermath of the 2008 financial crisis, just when the central bank and other agencies were cutting rates or taking emergency actions to help resuscitate the economy and the banking system. After Trump’s election, Moore reversed course and argued for rate cuts even though the economy was much healthier by then.
Numerous Republican senators had said they objected to Moore’s disparaging past writings about women or had sidestepped questions about whether they would back him. In recent weeks, Moore said he regretted the writings and said they had been meant as humor columns.
In a column for the Washington Times in 2000, Moore wondered why women “showed up in droves in tight skirts” at college parties if “they were so oppressed and offended by drunken, lustful frat boys.”
He also said women should not cover basketball games on television unless they wore revealing clothes.





