Trump reportedly considering Stephen Moore for Fed appointment

President Donald Trump reportedly is set to offer a position on the Federal Reserve to economic commentator Stephen Moore.

The president is waiting for Moore to get through the nominee clearance process, according to reports from Dow Jones and Bloomberg.

Moore, 59, currently is a visiting fellow at the Heritage Foundation and has been a Trump supporter since the 2016 election. In October 2018, he released the book with economist Art Laffer, "Trumponomics: Inside the America First Plan to Revive Our Economy."

Moore also has been a frequent Fed critic.

CNBC has reached out to the White House for comment.

This is a developing story. Please check back here for updates.

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