Herman Cain withdraws bid for Fed seat, Trump says

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President Donald Trump says Herman Cain has withdrawn from consideration for a seat on the Federal Reserve's board amid a focus on past scandals.

Cain is a former CEO of Godfather's Pizza who dropped out of the 2012 presidential race amid allegations of sexual harassment and infidelity. The issues resurfaced after Trump said he intended to nominate Cain to the central bank's board of governors.

Trump tweeted Monday:"My friend Herman Cain, a truly wonderful man, has asked me not to nominate him for a seat on the Federal Reserve Board. I will respect his wishes."Trump has also nominated conservative ally Stephen Moore for a separate vacancy on the Fed's seven-member board.

 

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I wonder if Cain found out about his withdrawal before or after DT’s tweet. 🤔

Blistering attack against anything to do with DT can say a smart move

Should not be a consideration. It seems to be a qualification for Trump appointees to be of a somewhat questionable character.

The fact that a pizza tycoon was even considered for a seat on the Feds board is troubling what next Kim Kardashian is going lead the Justice department ?

Ok

Appoint Ron Paul and wind down the corrupted mess that is the Federal Reserve system. The US needs to adopt currency competition.

At least some of the 'things' don't want to join the swamp!

thats like getting kicked out of the mob for robbing, stealing, and murder too much. This administration is a cesspool.

Only the best

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