Trump's Fed pick Stephen Moore 'embarrassed' by past writings

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Trump's Fed pick Stephen Moore 'embarrassed' by past writings
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Stephen Moore, President Trump's planned nominee to the Federal Reserve Board, said he is 'embarrassed' by some of his past writings and commentary about women that have recently come under scrutiny.

Moore's controversies come as another of Trump's planned Fed picks, Herman Cain, the 2012 GOP presidential candidate and pizza executive, withdrew from consideration. Cain, who has been accused and denied claims of sexual harassment, said he withdrew because of the strict"" the job entails. A handful of GOP senators signaled that they would not endorse Cain for the job, which requires Senate confirmation and comes with a 14-year term.

On ABC, Moore said he thinks"we should get back to the issue of whether I'm qualified to be on the Federal Reserve Board, whether I have the, you know, economic expertise." He added he believes he will"make it through" the confirmation process if he is ultimately nominated. "If I become a liability to any of these senators, I would withdraw," he said."I don't think it's going to come to that."

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