Economics
Trump Knows Herman Cain’s Fed Nomination Is in Trouble, Sources Say
- Four Republicans say they won’t support Cain for Fed Board
- GOP senator cites reports of sexual harassment allegations
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President Donald Trump has said privately that he knows Herman Cain will have trouble getting confirmed to the Federal Reserve Board, people familiar with the matter said.
Some of Trump’s closest advisers want the FBI to finish its background check before he makes his decision on whether to formally nominate Cain, but others said they are aware of the misgivings of GOP senators and that they wouldn’t be surprised if Cain withdraws.