Trump told confidants he's waiting for background check
Axios reports on the long-rumored appointment of Herman Cain to the Fed board of governors.
President Trump has told confidants he wants Herman Cain on the Federal Reserve board, but will wait until his background check is completed before making the formal announcement, according to two senior administration officials familiar with the decision.
The background check of Stephen Moore continues and both will need to be confirmed by the Senate.
This cracks me up every time:
Here's another tidbit in the report, which also says Trump mulled replacing Powell with Warsh for a brief moment in late 2018:
Trump considers Powell to be "weak" and blames Treasury Secretary Steven Mnuchin for encouraging him to pick him, according to sources who've discussed the matter with the president.
