Schumer: Senate Republicans Shouldn’t Use Withdrawal Of Herman Cain As A Pathway To Approve Stephen Moore To The Federal Reserve Board

Washington, D.C. – U.S. Senator Chuck Schumer today released the following statement urging Senate Republicans to reject Stephen Moore for the Federal Reserve Board, another dangerous, unqualified nominee, following Herman Cain’s withdrawal from consideration:

“Herman Cain was woefully unqualified to be on the Federal Reserve and his failure to garner adequate support should not be used as a pathway by Senate Republicans to approve Stephen Moore, who is equally unqualified, and perhaps more political. Mr. Moore, like Mr. Cain, poses a danger to the economic stability of our country. Mr. Cain clearly saw the writing on the wall and withdrew his name from consideration; hopefully Senate Republicans will again voice their deep concerns and force Mr. Moore to do the same.”

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