Former pizza-chain CEO Herman Cain's appointment to the Federal Reserve looks like it's dead in the water

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A fourth Republican senator came out against Trump's pick of Herman Cain for the Federal Reserve Board.

after making sexual harassment claims against Cain while he was serving as CEO of the National Restaurant Association.during Cain's tenure, including inappropriate remarks and questions. The allegations led Cain to drop out of the presidential election.

While Cain served as chairman of the board for the Kansas City Federal Reserve branch from 1995 to 1996, the former pizza chain CEO has no formal training in economics. "As to how he's doing in the process, that I don't know," Trump said."You go through a process. But Herman is a great guy, and I hope he does well."

 

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