Romney dings Herman Cain for Trump's Fed
Source: Politico
"I would like to see nominees that are economists first and not partisans. I think it's important that the Fed be a nonpartisan entity," Sen. Mitt Romney said. | Mark Wilson/Getty
04/04/2019 04:09 PM EDT
Mitt Romney is not particularly impressed with the idea of Herman Cain joining the Federal Reserve.
In an interview, the Utah Republican senator brushed off the prospect of Trump following through and officially nominating Cain: “I doubt that will be a nomination. But if it were a nomination, you can bet [what] the interest rates he would be pushing for.”
“If Herman Cain were on the Fed, you’d know the interest rate would soon be 9-9-9,” Romney said in an interview on Thursday afternoon.
Cain, who served on the board of the Kansas City Federal Reserve, would make for an unusually partisan Federal Reserve Board pick. He ran against Romney in the 2012 race for the GOP presidential nomination — touting his “9-9-9” economic plan — before being accused of inappropriate behavior and dropping out of the race. He also founded a pro-Trump super PAC.........................
Read more: https://www.politico.com/story/2019/04/04/romney-herman-cain-federal-reserve-1256260
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