FEDERAL RESERVE/NOMINATION/TRUMP AS PRESIDENT/TRUMP PEOPLE: “Mitt Romney is not particularly impressed with the idea of Herman Cain joining the Federal Reserve, though President Donald Trump is pushing forward on the possible nomination. In an interview, the Utah Republican senator brushed off the prospect of Trump following through and officially nominating Cain: ‘I doubt that will be a nomination. But if it were a nomination, you can bet [what] the interest rates he would be pushing for’…Cain, who served on the board of the Kansas City Federal Reserve, would make for an unusually partisan Federal Reserve Board pick. He ran against Romney in the 2012 race for the GOP presidential nomination — touting his ‘9-9-9’ economic plan — before being accused of inappropriate behavior and dropping out of the race. He also founded a pro-Trump super PAC. Later Thursday, Trump announced that he had ‘recommended’ Cain for the position, saying that Cain was undergoing a background check and ‘would be in great shape.’”
–Burgess Everett, “Romney dings Herman Cain for Trump’s Fed,” Politico, April 4, 2019 5:17 pm