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demmiblue (19,651 posts) Thu Apr 4, 2019, 11:33 AMScoop: Trump expected to name Herman Cain to the FedThis discussion thread was locked as off-topic by Yonnie3 (a host of the Latest Breaking News forum).President Trump has told confidants he wants Herman Cain on the Federal Reserve board, but will wait until his background check is completed before making the formal announcement, according to two senior administration officials familiar with the decision. Why it matters: It's likely confirmation that Trump is ready to move ahead with the former presidential candidate, whose possible nomination was reported by Bloomberg in January. "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 who has discussed the matter with the president. Show less Between the lines: As with any Trump "decision," administration officials are quick to attach an asterisk. This time, their hesitation is less about Trump changing his mind than about something coming up in Cain's background check that could complicate the situation. The administration did not conduct a thorough vetting of Trump's most recent Fed pick, Stephen Moore, and they've had to weather stories about back taxes owed by Moore and that he had failed to pay alimony to his ex-wife. Moore told the New York Times earlier this week that "it's full speed ahead" and said that the White House was "100%" behind him.Read more: https://www.axios.com/trump-wants-herman-cain-federal-reserve-4b497361-d12a-4c5a-a2db-28ffe1d36b58.html?utm_source=twitter&utm_medium=twsocialshare&utm_campaign=organic 10
Yonnie3 (6,306 posts) Thu Apr 4, 2019, 12:32 PM25. Locking after a review by hostsSpeculation based on rumor/leaks