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Moore 'superbly underqualified' for Fed, vice chair of joint congressional committee says

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SAN FRANCISCO, April 9 (Reuters) - Stephen Moore, the economic commentator whom President Donald Trump plans to nominate to the Federal Reserve Board, lacks the expertise and political independence needed to help set interest rates for the U.S. economy, a top Congressional Democrat said on Tuesday.

"Mr. Moore is superbly underqualified for the role for which he has been nominated," Representative Carolyn Maloney, vice chair of the Joint Economic Committee, wrote in a letter to Republican Senator Mike Crapo and Democratic Senator Sherrod Brown, the chair and vice chair, respectively, of the Senate banking committee. (Reporting by Ann Saphir)