Trump to nominate Herman Cain for Federal Reserve despite pizza exec’s sexual harassment issues
President Trump is expected to nominate Republican Herman Cain, former CEO of Godfather’s Pizza, to the Federal Reserve Board.
Cain, 73, had aspirations for the White House in 2012 and was aiming for the GOP nomination, but sexual harassment and infidelity allegations dogged his campaign.
At the time, Cain said the allegations were false but acknowledged that he’d “made mistakes” in his life.
Despite the controversy, Trump, who has faced his own series of sexual harassment allegations, aims to nominate Cain pending a vetting process, Axios reports.
Trump told reporters at the White House that he hopes all goes well.
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“He’s a highly respected man, he’s a friend of mine — he’s somebody who gets it and I hope everything goes well,” the New York Post reported that Trump said. “But Herman Cain is a really great guy.”
“I’ve told my folks that’s the man and he’s doing some pre-checking now and I would imagine he’d be in great shape,” CNN quoted Trump as saying.
Cain reportedly served in a variety of Federal Reserve roles in Kansas City between 1989 and 1996.
A potential nomination to the Federal Reserve would require confirmation by the U.S. Senate and this means that the former sexual harassment allegations made against Cain would likely come up, CNN reports.
In 2011, Politico reported that two female employees of the National Restaurant Association accused Cain of inappropriate behavior that led them to leave their positions.
