After weeks of ridicule and well-founded criticism, once likely nominee to the Federal Reserve Board Herman Cain has bowed out.
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!
— Donald J. Trump (@realDonaldTrump) April 22, 2019
The writing was on the wall for Cain ever since multiple Republican senators voiced their lack of support for the onetime Republican presidential candidate.
President Donald Trump’s other likely nominee, Stephen Moore, is also in hot water. Economists have dismissed him as utterly unqualified, and his embarrassing skirmish with the IRS has recently come to light.
