Official Says Trump Considers Herman Cain For Federal Reserve Board

Credit: Wochit
Published on January 31, 2019 - Duration: 00:32s

Official Says Trump Considers Herman Cain For Federal Reserve Board

A senior administration official said U.S. President Donald Trump has a person in mind for the Federal Reserve Board.

Trump is considering former pizza chain executive and presidential candidate Herman Cain for the seat.

According to Reuters, the official said Cain met with Trump at the White House.

There are currently two vacancies on the seven-member Federal Reserve Board.

If Cain were to be nominated he would need Senate approval.

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