President Trump’s relentless attacks on Fed Chairman Jerome Powell must have deterred many qualified candidates from seeking one of the open seats on the central bank’s board of governors because, according to a Bloomberg report, the president just interviewed Herman Cain – yes, that Herman Cain – for one of the two empty seats.
SCOOP: Trump is considering Herman Cain, the former pizza company CEO who ran for president in 2012, for a seat on the Federal Reserve board, five sources told me.
— Jennifer Jacobs (@JenniferJJacobs) January 31, 2019
Last week, White House advisor Larry Kudlow told reporters that Trump was looking for “highly capable” people to fill the empty seats (and it wouldn’t hurt if these people signal their openness to supporting President Trump’s low interest-rate ambitions).
“The White House wants highly capable, competent people who understand that you can have strong economic growth without higher inflation.”
Readers will remember Cain for his short-lived but heavily covered bid for the 2012 Republican nomination – a campaign that came to an early end after allegations of sexual misconduct bubbled to the surface.
Now, the former Godfather’s Pizza CEO is probably best remembered for his infamously creepy smile:
via ZeroHedge News http://bit.ly/2G4VxK7 Tyler Durden