Herman Cain Will Not Be Nominated
to US Federal Reserve Board The announcement was made by
President Trump, who was
seriously considering
Cain for the role. President Donald Trump, via Twitter Since news of Cain's possible nomination broke,
a handful of GOP senators have said they
would vote against him. As of his withdrawal, the former CEO of Godfather's Pizza did not have enough
support to be confirmed. Misconduct allegations, which
ended Cain's 2012 presidential run,
were most likely a factor. Cain himself even admitted that it would sink his nomination to the Federal Reserve. Herman Cain, via Facebook