President Trump Drops Plan to Nominate Herman Cain to Federal Reserve Board
Opposition from Senate Republicans would have sunk his confirmation chances/ President Donald Trump said he won’t nominate Herman Cain for a seat on the Federal Reserve Board after opposition from his own Republican party appeared to sink the former pizza company executive’s hopes for Senate confirmation. “My friend Herman Cain, a truly wonderful man, has asked me not to nominate him for a seat on the Federal Reserve Board,” the president said in a tweet on Monday. “I will respect his wishes.” Cain, 73, is bowing out after a path to Senate ...
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