WASHINGTON ¨C Top White House officials on Sunday defended President Donald Trump¡¯s plan to name two political loyalists to the Federal Reserve board of governors, brushing aside controversies over their personal lives and qualifications to help run the world¡¯s most powerful central bank.
White House economic adviser Larry Kudlow and acting White House Chief of Staff Mick Mulvaney used appearances on Sunday morning talk shows to defend Trump¡¯s plan to nominate economic commentator Stephen Moore and businessman and former presidential candidate Herman Cain to fill open board seats at the Fed.
¡°The president stands behind both of those gentlemen right now,¡± Kudlow said on CNN¡¯s ¡°State of the Union.¡±
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