- President Trump announced last week that he would be appointing Stephen Moore to the Federal Reserve Board
- According to a news report, he was despised in 2012 for failing to pay $ 300,000 in alimony and other divorce payments
- Last week, Moore hit the headlines with news that he has a $ 75,000 lien on unpaid income taxes
New York – President Donald Trump’s election to the Federal Reserve Board was condemned in disregard for failing to pay $ 300,000 in alimony and other payments in connection with a divorce, according to a report by The Guardian.
Stephen Moore was reprimanded by a judge in November 2012 for failing to pay Allison Moore’s spousal maintenance, child support and other moneys owed, the Guardian reported, citing Virginia court records. The judge ordered Moore to sell his home to pay off the debt in 2013. But that was stopped by his ex-wife after Moore paid her about two-thirds of his debt.
The president said last week he intends to nominate Stephen Moore for a vacancy on the Fed’s seven-member board, although he has not yet officially submitted the nomination. Moore is a former Trump campaign advisor who helped shape the 2017 tax cuts and co-wrote Trumponomics. He did not respond to an Associated Press request for comment.
Moore, a conservative economic analyst and frequent critic of the Federal Reserve, also made some unfavorable news last week when it was reported that he has a $ 75,328 lien on unpaid taxes, penalties and interest, according to Montgomery court records as of 2014 County, Maryland.