Breaking: Trump says he won't nominate Herman Cain for Fed seat
President Donald Trump said Monday that he would not nominate Herman Cain to the Federal Reserve after the former GOP presidential candidate asked him not to.
Senate Republicans had warned the White House against naming the businessman and 2012 presidential hopeful to serve on the body's board of governors."My friend Herman Cain, a truly wonderful man, has asked me not to nominate him for a seat on the Federal Reserve Board," Trump tweeted. "I will respect his wishes. Herman is a great American who truly loves our Country!"
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