One of President Donald Trump’s new picks to serve on the Federal Reserve Board, Trumponomics author Stephen Moore, was found to be in contempt of court in 2012 for failing to pay more than $300,000 in alimony and child support.
Court filings recently unearthed by The Guardian’s Jon Swain and David Smith show Moore repeatedly failed to make payments that were part of a 2011 divorce settlement with his ex-wife, Allison Moore. Not only was Moore found in contempt of court, but his failure to comply with the terms of his settlement even prompted a judge to order the sale of his house to satisfy his debts.
According to court records, several police officers accompanied relators and a locksmith to to Moore’s home in May 2013 to change the locks and prepare the property for buyers. Only after the court-sanctioned break-in did Moore pay roughly two-thirds of what he owed his ex-wife, court filings show. Allison Moore told the court the $217,000 payment was enough, and stepped in to halt the house re-sale.
While watching CNN or MSNBC I have seen Moore interviewed about economic issues. Really it is amazing that anyone would treat him as an authority in really anything much less economic issues as he has been proven wrong over and over. Watched one panel interview when he got all giggly saying “that I just love rich people!”. He will be a perfect addition to the trump clown show.
One has to wonder how much money each one of these guys pledge to Trump.