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Cain and Moore wouldn't shift the Fed. A Trump 2020 victory might
President Donald Trump's selection of former Republican presidential candidate Herman Cain and former Trump campaign adviser Stephen Moore to fill two open seats on the Federal Reserve board has unleashed a wave of anxiety about the independence of the world's most powerful central bank. But even if they were to make it through Senate confirmation -- an uncertain outcome, given bipartisan objections from senators that have surfaced even before either has been formally nominated -- neither Moore nor Cain would have any immediate sway over the seven-member Fed board of governors. Though they would likely inject ... (full story)
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