My name is [–] and I’m a constituent from [city], Oregon [zip code]. I am calling because…
Trump is systematically undermining our institutions. He has proposed to nominate Stephen Moore and Herman Cain to the Federal Reserve Board. They are unqualified and only chosen for their loyalty to Trump. Please tell Senator [Merkley/Wyden] to do everything he can to ensure that neither Stephen Moore nor Herman Cain becomes a member of the Federal Reserve Board…and that Congress gets the full Mueller Report and all underlying documents!
Pass along this action alert, especially to friends in Red states. Tell them to call their Senators and demand that they protect the integrity and independence of our institutions – the Fed, the judiciary, and the DOJ – by opposing unqualified partisan nominees like Stephen Moore and Herman Cain. And demand that the Congress get the full Mueller Report!
Trump has taken unprecedented steps to turn the independent Federal Reserve Board into another partisan battlefield. Like Nixon, he has undertaken to politicize monetary policy, badgering Fed Chair Jay Powell to keep interest rates low, even pressing for extreme measures like quantitative easing to juice the economy. Just as Trump has undermined the independence of the judiciary by nominating unqualified, partisan hacks, he threatens to do the same to the Fed, with his proposal to nominate Stephen Moore and Herman Cain.
Neither Moore nor Cain is remotely qualified, lacking the necessary academic, technical and ethical qualifications. They support the discredited “gold standard.” Moore was held in contempt for failing to pay child support. The IRS claims he owes it $75,000. Cain left the 2012 Presidential race when repeatedly accused of sexual harassment. Their only “qualification” for a Fed appointment is their loyalty to Trump. “Stacking the Fed with partisan hacks would alter how the market views the Fed’s decisions…,” Grant Thornton’s chief economist, Diane Swonk, said. “Over time, the loss in credibility will mount.”
Nominating Cain and Moore could put them on the fast track to becoming Fed Chair, if Jay Powell leaves. The Fed’s independence must be protected!