Trump says he recommended Herman Cain for a Fed seat: ‘He’s somebody that gets it’
President Donald Trump on Thursday said he has recommended Herman Cain for a Federal Reserve board seat.
The former Republican presidential candidate and Godfather’s Pizza CEO was rumored to be under consideration for a central bank appointment in January.
Trump said Cain is currently going through background checks but imagines “he will be in good shape.”
“He’s a highly respected man; he’s a friend of mine; he’s somebody that gets it and I hope everything goes well,” Trump told reporters in the Oval Office. “Herman Cain is a very good guy.”
Trump also has said that he intends to nominate economic commentator Stephen Moore to the Fed board. That move has been caught in controversy over recent revelations about Moore regarding a delinquent tax bill and a child support payment dispute with his ex-wife.