Conservatives urge Trump to stick with Moore for Fed

Conservatives are rallying around economist Stephen Moore as President Trump's controversial pick for the Federal Reserve Board faces a tough fight ahead.

Moore's allies in conservative circles are urging the president and GOP Senate to stand by the controversial potential nominee, who is facing criticism from across the political spectrum and new questions about the White House's support.

More than 100 economists, professors and activists issued a statement Monday backing Moore for a spot on the Fed board, and the organizers say others are seeking to join the list.

“Steve’s view of the world is something that’s going to be brand new for the Fed and they need to hear it,” Arthur Laffer, a prominent conservative economist close to Moore, said in a phone interview. Laffer was among the Moore supporters who signed the letter.

But their efforts to build momentum for Moore, who has not been formally nominated and is still being vetted, faced fresh uncertainty on Tuesday.