President Donald Trump confirmed on Friday that he would nominate Stephen Moore to the Federal Reserve Board.

“It is my pleasure to announce that Stephen Moore, a very respected Economist, will be nominated to serve on the Fed Board,” he wrote on Twitter. “I have known Steve for a long time – and have no doubt he will be an outstanding choice!”

Moore, currently a visiting fellow for the Heritage Foundation, was a member of the Wall Street Journal editorial board and founded the Club for Growth. He also served as an adviser to Trump during the 2016 presidential campaign.

Moore released a pro-Trump book in October with economist Art Laffer titled, Trumponomics: Inside the America First Plan to Revive Our Economy.