Trump Recommends Herman Cain For Fed Seat

Former GOP Candidate Herman Cain Speaks At The Southern Republican Leadership Conference

President Trump is nominating Herman Cain for a seat on Federal Reserve Board. Speaking at the White House today, Trump said that Cain is undergoing a background check and believes he should be in good shape. Trump called the former pizza chain executive and one-time Republican presidential candidate an outstanding person. If confirmed by the Senate, Cain would fill one of two vacancies on the seven member panel. Board members vote on setting interest rates several times a year.

Photo: Getty Images

The Joe Pags Show

The Joe Pags Show

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