GOP Sen. Joni Ernst Says She Would Vote Against Stephen Moore

The transcript covers discussions on Stephen Moore's potential nomination to the Fed board, the impact of USMCA tariffs on Iowa's economy, ongoing U.S.-China trade negotiations, and the economic challenges faced by Iowa farmers and banks. Key concerns include the removal of tariffs, fair trade practices with China, and the financial strain on local farmers and banks.

What is the main reason for the opposition to Stephen Moore's nomination to the Fed board?

• His support for increased tariffs

• His lack of experience in trade negotiations

• His views on monetary policy

• His stance on environmental policies

Why do Senator Chuck Grassley and others want the tariffs on USMCA removed?

• To reduce government revenue

• To protect local industries from foreign competition

• To facilitate the ratification of USMCA

• To increase the price of imported goods

What industry in Iowa is significantly affected by the aluminum tariffs?

• Electronics manufacturing

• Automobile manufacturing

• Beverage distribution

• Textile production

What is a key concern in the trade negotiations with China?

• Increasing agricultural exports to China

• Reducing the trade deficit

• Lowering tariffs on Chinese goods

• Preventing forced technology transfers

What economic challenge are young farmers in Iowa facing?

• High interest rates on loans

• Decreasing farm revenue

• Increased competition from foreign farms

• Lack of access to modern technology