President Donald Trump intends to nominate Herman Cain, the former pizza company executive who ran for the 2012 Republican presidential nomination, for a seat on the Federal Reserve Board, according to Bloomberg.
Trump plans to announce his selection very soon, said three people, who asked not be identified discussing the nomination because it hasn’t been announced. Cain would fill one of two open seats on the board; the president plans to name Stephen Moore, a visiting fellow at the Heritage Foundation and a long-time Trump supporter, for the other.
It was reported at that time Cain’s name was also a leading pick for other posts in the administration, Daily Caller News Foundation reported.
Cain, 73, has been a vocal supporter of Trump and co-founded the America Fighting Back pro-Trump super PAC in September. The super PAC’s website aims to “fight back” against the attack on America by those who wish to impeach Trump and his agenda.
Cain, has had a successful business career in the food industry, serving as longtime CEO and chairman of Godfather’s Pizza from 1986 until 2002 as well as CEO of the National Restaurant Association from 1996 to 1999.
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