FEDERAL RESERVE/NOMINATIONS/SENATE/TRUMP AS PRESIDENT/TRUMP PEOPLE: “Herman Cain is in deep trouble. And he hasn’t yet even been formally nominated to the Federal Reserve. Senate Republicans are warning the White House that the 2012 presidential candidate will face one of the most difficult confirmation fights of Donald Trump’s presidency and are making a behind-the-scenes play to get the president to back off, two GOP senators said…Republican senators have generally waved through Trump’s nominees over the past two years, but they are reluctant to do the same for the Fed, amid fears that Trump’s push to install interest-rate slashing allies will politicize the central bank. The resistance comes as Senate Republicans also actively are pressing Trump to halt his purge at the Department of Homeland Security and reconsider economy-damaging auto tariffs. Some GOP senators said that Cain’s difficult path might have eased Stephen Moore’s confirmation to the Fed, despite Moore’s own problems with unpaid taxes and his partisan reputation. After all, Republicans might be hard-pressed to revolt against both of Trump’s nominees…Neither Moore nor Cain has been officially nominated. A senator familiar with the nominations said Trump is ‘full speed’ ahead on Cain even though FBI background checks and documentations of sexual harassment allegations have not yet been submitted to the Senate.”
–Burgess Everett, “Republicans press Trump to drop Herman Cain’s Fed nomination,” Politico, April 9, 2019 5:02 pm