Trump says Cain has withdrawn from consideration for Fed Board seat

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FILE PHOTO: FILE PHOTO: Cain gives the Tea Party Express response to U.S. President Barack Obama's State of the Union Address, at the National Press Club in Washington
FILE PHOTO: Former Republican presidential hopeful Herman Cain gives the Tea Party Express response to U.S. President Barack Obama’s State of the Union Address, at the National Press Club in Washington January 24, 2012. REUTERS/Jonathan Ernst/File Photo

April 22, 2019

WASHINGTON (Reuters) – President Donald Trump said on Monday that businessman Herman Cain had withdrawn his name from consideration for a seat on the Federal Reserve Board.

“My friend Herman Cain, a truly wonderful man, has asked me not to nominate him for a seat on the Federal Reserve Board. I will respect his wishes. Herman is a great American who truly loves our Country!” Trump said in a Twitter post.

(Reporting by Tim Ahmann, Writing by David Alexander)

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