Stephen Moore is still on track to be nominated to one of the Fed's open board seats.
Driving the news: This week, Moore went on CNN to say that "a gold standard would certainly be better than what we have right now" and that surging oil prices in mid-2008 were caused by loose monetary policy.
CNN's Andrew Kaczynski has found older statements from Moore, including:
- Saying that "hundreds of economists" at the Fed are "worthless" and should be fired.
- Calling for the elimination of both the corporate income tax and the individual income tax.
- Declaring that the 16th amendment, which created the federal income tax, is "the most evil act that has passed in 100 years."
- Saying that "you truly could not come up with a dumber system than Medicaid."
