Video: John Oliver Takes Down Trump's Federal Reserve Picks Cain, Moore—'Dangerously Goofy Goofs'

John Oliver ripped into President Donald Trump's Federal Reserve picks, Herman Cain and Steven Moore, on the April 7 episode of HBO's Last Week Tonight.

The comedian suggested that Trump wanted two amenable "goofs" inside the Fed to increase his influence over the central banking system.

Unhappy with Fed chair Jerome Powell and angry over the bank's decision to raise interest rates several times last year, Trump wanted to install "people that will do exactly what he tells them to do," Oliver said.

The comedian recalled an incident from his time on The Daily Show With Jon Stewart when, in the face of an imaginary oil spill, he persuaded Cain to blow on a horn to "assemble" affected woodland creatures. Cain complied with several absurd requests during the segment.

"If any part of you is thinking, 'How did I get him to do that stuff?' I just asked him. Once. He took orders from some birdy twit with a pixie cut," Oliver said in response to the clip.

Reeling off some of Cain's memorable gaffes, Oliver noted the time the former presidential candidate said he didn't know the president of "Uzbeki-beki-beki-stan-stan," and the time he quoted the lyrics of a Pokémon movie theme song during a televised debate.

Oliver described Moore as a "Trump sycophant" and a "tireless advocate of supply-side economics." Moore, he noted, recently co-authored a book called Trumponomics: Inside the America First Plan to Revive Our Economy. And last year, on a media panel show and in a Washington Times opinion piece, Moore said Trump should win the Nobel Prize in economics.

"They're just a pair of dangerously goofy goofs," Oliver said. "And this isn't actually a job where that's OK. Fed board members are famously careful with everything they say in public, because markets can react violently."

Trump's picks surprised commentators and economists alike. "When it comes to nominees, most people that get nominated to the board, regardless of what party is in power, they tend to get nominated based on expertise, and they're largely on the fringe of politics," Barclays economist Michael Gapen told CNBC Saturday. "Cain and Moore seem to be valued more for their political contributions than their economic gravitas."

But there's no guarantee the pair will take two of the Fed's seven board seats. Cain and Moore must win Senate approval before they can become board members.

"If [Trump] manages to install Moore and Cain, that could fundamentally undermine the Fed," Oliver said. "So it's very important that the Senate stand against these nominations."

Donald Trump, Federal Reserve
President Donald Trump at the Republican Jewish Coalition's annual leadership meeting at The Venetian Las Vegas on April 6. Ethan Miller/Getty Images
Video: John Oliver Takes Down Trump's Federal Reserve Picks Cain, Moore—'Dangerously Goofy Goofs' | U.S.