Herman Cain expected to withdraw from Fed Reserve Board of Governors consideration

[highplainsdem]

Source: ABC

Herman Cain is expected to withdraw his name from consideration for the Federal Reserve's Board of Governors, amid growing pressure from Republican senators on the White House to remove him from consideration, according to multiple sources familiar with the matter.

President Donald Trump announced last week his intention to nominate Cain, a political ally and former 2012 Republican presidential front runner. Trump has also nominated conservative economist Stephen Moore to the Federal Reserve's board of governors.

Senators Mitt Romney, R-Utah, Lisa Murkowski, R-Alaska, Cory Gardner, R-Colo., and Sen. Kevin Cramer, R-N.D., have come out in opposition to Cain's appointment, likely sinking his chances of confirmation by the Senate, since it's unlikely that he will get the support of Senate democrats.

Since Cain has yet to be formally nominated, he is expected to announce his decision to withdraw his name from consideration in the coming days, according to an administration official and a source familiar with the matter.

-snip-

Read more: https://abcnews.go.com/Politics/herman-cain-expected-withdraw-fed-reserve-board-governors/story?id=62346264

[watoos]

1. Nein Nein Nein

[Historic NY]

10. Null Null Null

[tulipsandroses]

2. I'm putting on my tin foil hat again tonight. I'm wondering if this was the ploy all along.

I don't like Cain - but I'm wondering if he was being used as a boogey man? To make Steven Moore look not so bad? They are both unfit for the position. To be honest, Cain looks more qualified for the position if we are talking about experience - but he came with more baggage and was more looney.

[Mr.Bill]

5. Not only do I think that's true,

I think Cain is too stupid to realize it.

[dlk]

3. One Down, One to Go...

[cstanleytech]

4. You know maybe he should be appointed to investigate pizzagate seeing has he has some

experience with pizza atleast?

[BootinUp]

6. This shits hilarious. And sad. Nt

[Marie Marie]

7. Smartest thing he has ever done.

[Hulk]

8. Stephen Moore is too dense to get that he isn't qualified at all...

At least Cain gets it. He knows he's a joke. Moore is too dense to grasp that he is an idiot and totally unqualified for the Fed. Such a dumb ass. Honestly, I watch him on TV, and I wonder if he ever goes home and watches how absolutely stupid he looks on national tv. What an idiot. Low IQ...fits right in with the dRumpf cabal.

[videohead5]

9. Well

Shucky Ducky!

[Crowman2009]

11. Because everyone needs Toucan stubs!

[Property Question]

12. Another clown bites the dust

Why does it seem that the only qualification for appointments in this Administration are that they have zero qualifications?

[Dave Starsky]

13. You have to be incompetent AND kiss Trump's ass.

No one with any shred of credibility, common sense, or self-respect would ever consider working for Trump. It would look better on your résumé to say that you were strung out on heroin and sleeping on the sidewalks for two years than actually admit that you were ever part of his absurd administration.