Republicans are reportedly trying to convince Trump to not officially nominate Herman Cain for the Federal Reserve Board. Experts think Cain is sunk.
Cain would need near-unanimous support from Senate Republicans in order to be confirmed. That could be complicated since he has also led a pro-Trump political action committee thatfor voting for a bill to terminate Trump's national emergency declaration.
"He's just somebody I like a lot. As to how he's doing in the process, that I don't know ... Herman's a great guy and I hope he does well," Trump said on the lawn of the White House before departing for Texas. Greg Valliere, the chief US policy strategist at AGF Investments, said in a note to clients Wednesday that the chance Cain makes it to the Fed Board are quickly falling.
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Trump to name former pizza magnate Herman Cain for spot on the Federal ReservePresident Donald Trump says he'll name former Republican presidential candidate Herman Cain for the Federal Reserve board.
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Trump Selects Herman Cain for Federal Reserve Board, Sources SayTrump plans to announce his selection very soon, said three people, who asked not be identified discussing the nomination because it hasn’t been announced. In Cain and Moore, Trump would place two political loyalists on the board of a central bank that has frequently crossed him.
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Trump recommending Herman Cain for Federal Reserve BoardNEW: President Trump is considering naming Herman Cain, a former pizza company executive and 2012 Republican presidential candidate, to the Federal Reserve Board, according to two sources familiar with the matter.
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Trump considering Herman Cain for Federal Reserve BoardNEW: President Trump is considering naming Herman Cain, a former pizza company executive and 2012 Republican presidential candidate, to the Federal Reserve Board, according to two sources familiar with the matter.
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Trump: Herman Cain would 'do very well' at Federal ReserveWatch CNBC Senior Analyst Ron Insana and Financial Times U.S. Alphaville U.S. Editor Brendan Greeley join Stephanie Ruhle to discuss how today’s markets are responding to March’s huge jobs report and President Trump’s controversial pick to put Herman Cain on the Federal Reserve board.
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McConnell declines to publicly endorse Herman Cain for Federal Reserve BoardThe Senate majority leader’s noncommittal stance suggests he is not in favor of Trump’s choice.
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Romney dings Herman Cain for Trump’s FedThe Utah Republican also said he’s still ‘evaluating‘ Trump’s pick of Stephen Moore for the central bank.
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Cain, Moore nominations for Federal Reserve seats on track: KudlowTop White House officials on Sunday defended President Donald Trump's plan ...
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Watch: John Oliver takes down Trump's Federal Reserve picks Cain, Moore—'Dangerously goofy goofs'Trump wants to install “people that will do exactly what he tells them to do,” Oliver said.
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