President Trump's pick for Federal Reserve board says main economic issue is decline in male earnings.
The drop in earnings for men is the biggest challenge facing the economy, according to Stephen Moore, the man President Donald Trump has said he wants to nominate to the Federal Reserve board.
“I want everybody’s wages to rise, of course. People are talking about women’s earnings. They’ve risen,” he added. Moore has not yet been officially nominated for Fed governor, a post that carries a 14-year term. White House officials have said they are continuing to vet his background, and it’s not clear whether he has the requisite votes in the Senate to be confirmed.
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