Trump Drops Plan to Put Herman Cain on Fed as Moore Faces New Scrutiny
- Donald Trump shelved his plan to put Herman Cain on the Federal Reserve amid opposition from his own party, with Democrats swiftly urging Republicans to also block the president’s pick of fellow supporter Stephen Moore for the U.S. central bank. “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 confirmation appeared blocked. A fourth Senate Republican ...
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