Trump Likely To Tap Herman Cain For Federal Reserve

Axios reports:

President Trump has told confidants he wants Herman Cain on the Federal Reserve board, but will wait until his background check is completed before making the formal announcement, according to two senior administration officials familiar with the decision.

It’s likely confirmation that Trump is ready to move ahead with the former presidential candidate, whose possible nomination was reported by Bloomberg in January. “He won’t formally announce until the vet is completed…But he likes Cain and wants to put him on there,” said a senior official who has discussed the matter with the president.

Herman Cain frequently promoted scammy financial emails, like a “weird trick” that supposedly “adds up to $1,000 a month to Social Security checks” https://t.co/nEdQZcbtbR https://t.co/LEMg24j0xz

— Media Matters (@mmfa) April 4, 2019

Cain ended his 2012 presidential bid and moved into right-wing media after multiple women came forward to describe sexual harassment pic.twitter.com/ue1XiU974S

— Media Matters (@mmfa) April 4, 2019

It’s pretty amazing how Trump keeps finding hard money people for the Fed.

Here’s Herman Cain in 2012 advocating a gold standard https://t.co/Ho5psRhRI1

— Joe Weisenthal (@TheStalwart) April 4, 2019

Reminder that Herman Cain’s 2012 presidential campaign ended after he was accused of sexually harassing employees. https://t.co/oJOta49St6 https://t.co/HdWEwt2UWq

— Marina Fang (@marinafang) April 4, 2019

I will never forget this ad https://t.co/w8KqYYSLsy

— Justin Green (@JGreenDC) April 4, 2019