Trump plans to nominate Herman Cain to Fed board, a move that would escalate White House political pressure on the central bank
Two people familiar with the push said President Trump is planning to nominate the former GOP presidential candidate to the Federal Reserve’s seven-member board of governors, which has two empty seats.
Trump is hoping to fill the other empty seat with conservative economist Stephen Moore, a pick that has led to an outcry from former White House officials in both parties because of Moore’s political background and lack of Fed-related experience.
