Tags: white house | trump | larry kudlow | herman cain | fed

Will White House Edge Herman Cain Out of Fed Job?

Will White House Edge Herman Cain Out of Fed Job?

Herman Cain. (Molly Riley/AP)

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Tuesday, 16 April 2019 05:26 PM Current | Bio | Archive

The White House sent its latest signal Tuesday morning that Herman Cain should quit the race to join the Board of Governors on the Federal Reserve Board.

Speaking to White House reporters, the President’s most senior economic advisor Larry Kudlow said: “It’ll probably be up to Herman Cain if he wants to stay in that process. And it’s proceeding in an orderly way.”

Cain’s nomination seems doomed already. All 47 Democrat Senators and four Republican lawmakers say they will vote against the controversial 2012 Republican presidential nominee, although it is unclear if President Trump even plans to sends his nomination to the Senate. So far, he has only tweeted about his intention to name Cain to the seven-member Fed.

Cain himself isn’t talking to the press much about his prospective — and clearly embattled — nomination to the seven-member board. But Kudlow’s statement today indicates that the White House hopes Cain simply removes his name from consideration. 

In talking to reporters gathered on the White House driveway, Kudlow echoed Trump’s statement of a week ago that the nomination “up to Herman" — a hint he might not make the nomination official after all.”

John Gizzi is chief political columnist and White House correspondent for Newsmax. For more of his reports, Go Here Now.

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The White House sent its latest signal Tuesday morning that Herman Cain should quit the race to join the Board of Governors on the Federal Reserve Board.
white house, trump, larry kudlow, herman cain, fed
210
2019-26-16
Tuesday, 16 April 2019 05:26 PM
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