Kudlow: ‘It would probably be up to Herman Cain if he wants to stay in’
The White House appears to be giving Herman Cain, who was forced from the 2012 presidential race amid sexual misconduct allegations, an out in his candidacy for a seat on the Federal Reserve board of governors amid Republican senators’ mounting opposition.
President Donald Trump said earlier this month he is considering Cain for the central bank’s leadership. The president has voiced his anger with the Fed’s decisions on key interest rates, claiming it has slowed economic growth that will be key to his 2020 reelection fight. Cain is a former CEO of Godfather’s Pizza who ran for the Republican presidential nomination in 2012, but exited the race amid a slew of sexual harassment charges.
But when GOP Sen. Kevin Cramer of North Dakota on April 11 joined fellow Republican Sens. Mitt Romney of Utah, Cory Gardner of Colorado, and Lisa Murkowski of Alaska in publicly opposing the Cain pick, it put his chances at confirmation in jeopardy. The White House, so far, is sticking by Cain — sort of.
View the complete April 16 article by John T. Bennett on The Roll Call website here.