Trump insiders say president wants Herman Cain on the Federal Reserve Board despite sexual harassment allegations that ended former pizza CEO's White House hopes
President Trump plans to nominate Herman Cain to the Federal Reserve Board He's holding off on a formal announcement until the background check is complete on the former CEO of Godfather's Pizza Cain was chairman of the Federal Reserve Bank of Kansas City from 1989 to 1991 Cain's 2012 presidential dreams sank when allegations of sexual harassment - dating back to his tenure at the National Restaurant Association - came to light By Emily Goodin, U.s. Political Reporter For Dailymail.com
Published: 18:50 BST, 4 April 2019 | Updated: 19:12 BST, 4 April 2019
President Donald Trump plans to nominate Herman Cain to the Federal Reserve Board but is holding off on a formal announcement until the background check is complete on the former CEO of Godfather's Pizza.
'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 told Axios on Thursday.
Cain, who was a GOP presidential candidate in 2012, served as chairman of the Federal Reserve Bank of Kansas City from 1989 to 1991.
His presidential dreams sank when allegations of sexual harassment - dating back to his tenure as head of the National Restaurant Association - came to light.
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