Trump announces Herman Cain’s withdrawal from Fed Board nomination

Trump announces Herman Cain’s withdrawal from Fed Board nomination

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Herman Cain, Photo by Gage Skidmore
Herman Cain, Photo by Gage Skidmore

THE WHITE HOUSE– President Donald Trump announced Monday afternoon that Herman Cain will no longer seek a seat on the Federal Reserve Board of Governors.

In a tweet, Trump wrote: “My friend Herman Cain, a truly wonderful man, has asked me not to nominate him for a seat on the Federal Reserve Board. I will respect his wishes. Herman is a great American who truly loves our Country!”

Cain’s path to a successful nomination had been rocky. Four Republican senators voiced their opposition to him being on the Fed Board: Cory Gardner from Colorado, Lisa Murkowski of Alaska, Kevin Cramer  of North Dakota and Mitt Romney from Utah.

Also, Majority Leader Mitch McConnell (R-Ky.) offered his less-than-enthusiastic nod to Cain on April 9 at one of the senator’s Tuesday press conferences after the GOP’s leadership lunch:

“Well, we are going to look at whoever the President sends up. It’s his choice to decide, and once he makes a nomination, we’ll take a look at it.”

Additionally, Cain faced several sexual and harassment allegations against him. One that had appeared to possibly be particularly embarrassing for him was from an Atlanta woman, Ginger White, who for years has claimed to have had a 13-year affair with him. Cain denies an affair, but White said last week that she would provide graphic evidence by describing his anatomy to Congress if his Fed nomination continued.

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