Report: Herman Cain To Withdraw His Name From Federal Reserve Board

WASHINGTON, DC - APRIL 16:  Former Republican presidential candidate Herman Cain waits to speak at the "Cain's Revolution on the Hill" Tax Day Rally at the U.S. Capitol April 16, 2012 in Washington, DC. Cain spent the day promoting his 9-9-9 tax code plan in advance of tomorrow, the day that Americans are required to file their income taxes this year.  (Photo by Win McNamee/Getty Images)
WASHINGTON, DC - APRIL 16: Former Republican presidential candidate Herman Cain waits to speak at the "Cain's Revolution on the Hill" Tax Day Rally at the U.S. Capitol April 16, 2012 in Washington, DC. Cain spent th... WASHINGTON, DC - APRIL 16: Former Republican presidential candidate Herman Cain waits to speak at the "Cain's Revolution on the Hill" Tax Day Rally at the U.S. Capitol April 16, 2012 in Washington, DC. Cain spent the day promoting his 9-9-9 tax code plan in advance of tomorrow, the day that Americans are required to file their income taxes this year. (Photo by Win McNamee/Getty Images) MORE LESS

Well, that didn’t last long.

Herman Cain will take his name out of the running for the Federal Reserve Board, according to ABC News.

Per ABC, an “administration official” and a “source familiar with the matter” say that the ex-pizza mogul is expected to announce his decision sometime within the next several days.

The news comes after multiple Republican senators, including Sens. Kevin Kramer (R-ND) and Mitt Romney (R-UT), said they’d refuse to confirm Cain if President Donald Trump did tap him for the position.

“If I had to vote today, I couldn’t vote for Herman Cain,” Kramer told the Washington Post and Bloomberg News. “The allegations that drove him from the presidential race are just so obviously serious.”

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  1. Does this mean Steven Moore is a lock? Hardly an improvement.

  2. One down. Now let’s ask about the white dude, who was even less qualified…

  3. If the Senate GOP can’t deliver the votes in 30 minutes or less does that mean the Dems get one nomination free?

  4. Avatar for kovie kovie says:

    Number nine, number nine, number nine…

    Who will Trump nominate instead? Kushner? Fredrick Douglass? A favorite horse?

    Although this is rich, from a guy who otherwise warmly supports Trump:

    “The allegations that drove him from the presidential race are just so obviously serious.”

  5. Herman is still groping for a reason why he wasn’t selected.

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