Trump Wants to Name Political Loyalists to Federal Reserve Board
Trump Wants to Name Political Loyalists to Federal Reserve Board
Trump Picks Herman Cain for Fed as New Powell Counterweight Sources SayMore
07 April, 2019, 03:45
The White House did not immediately respond to a request for comment on the reports. "I think personally he'd be a great addition". Cain served in various positions in the Kansas City Federal Reserve in the 1990s and as CEO of the Godfather's Pizza chain. Moore's nomination has encountered criticism that he is unqualified and too politically focused for a Fed board seat.
Axios also earlier reported Trump has made a decision to choose Cain to fill one of two vacancies on the seven-member Fed board.
Axios reported that Trump has "told confidants" that he wants Cain on the Fed, pending a background check.
The U.S. central bank has two vacant seats on its board of governors.
"I've recommended Herman Cain". Utah GOP Sen. Mitt Romney, who competed against Cain for the Republican nomination and ultimately won the GOP nod, seemed to scoff at the idea that Cain would be Mr. Trump's pick. The vocal Trump supporter since the 2016 presidential election has been a longtime critic of the Fed.
Cain in September co-founded a pro-Trump super-political action committee, America Fighting Back PAC, which features a photo of the president on its website and says: "We must protect Donald Trump and his agenda from impeachment". During his 2011 presidential campaign, he advocated a return to the gold standard, and put forward his "9-9-9" proposal, in which he suggested replacing all taxes with a flat tax of 9 per cent on business and incomes alongside a 9 per cent national sales tax.
Real Madrid: If Zidane wants me to leave, I will - Navas Barcelona hosts Atletico on Saturday. "They kept the ball but didn't create many significant scoring opportunities", Garay said. Real Madrid coach Zinedine Zidane backed Marcelo despite criticism of the left-back's performances this season.
Iran FM says Europe incapable of bypassing US sanctions That would remove Italy, Greece and Taiwan from the waivers list. "That, I think, is where we " re headed", the official said. President Donald Trump and North Korean leader Kim Jong-un have met twice in the past year to discuss denuclearization.
Leaked Renders of New Motorola Phone With Four Cameras Spotted There is a possibility that Motorola will launch an entirely new line-up with this device which we have not heard about yet. Despite being an entry-level device, the Moto P40 Play can be seen sporting a waterdrop notch design and dual rear cameras.
Brown said the February 5 fundraising email was likely approved before Cain's meeting with Trump, after which "he immediately ceased his efforts".
Two previous and more orthodox Trump nominees, Nellie Liang and Marvin Goodfriend, were rejected by Congress past year.
The President reportedly blamed Powell during meetings with Republican senators and staffers that if it hadn't been for a string of rate increases by the Fed last year's stocks would have risen higher and the budget deficit would not have widened as much, according to the Journal.
Even with that change, Trump has continued to be critical. Kudlow last week called for the Fed not only to pause rate hikes but to cut rates by a steep one-half percentage point and said the president believed that was the best course of action.
Israel announced on Wednesday the return of a body of a soldier that had been missing since the 1982 Lebanon war. Baumel, along with soldiers Zvi Feldman and Yehuda Katz , were never found and deemed "missing in action".
The club will be hoping to play in the Europa League next season, where many of their fantastic talents belong. Jimenez has been a revelation not just in terms of his goal output but his overall contribution to the side.
Hammond said he expected more exchanges of documents on Saturday between the government and Labour in a bid to reach a deal. Theresa May has offered Labour fresh talks this weekend to try to find a compromise over her Brexit plan.
With the test done last month, India has mastered the capability to kill satellites at 300 km above the earth, Reddy said. The danger from "space junk" is not that it falls to Earth but that it collides with orbiting satellites.
Tyree, who will announce Big Blue's third-round pick (No. 95 overall), was a key special teams player for most of his career. The Giants continue to roll out the red carpet for some of the elite pass rushers at the top of the 2019 NFL Draft class.
Continuing, the Duke of Sussex said, "A game like Fortnite , for instance, may not be so good for children ". Because of its huge popularity and appeal to young people , Fortnite has become a social phenomenon.
"Said drive contains over 14 million files, which consist of all e-mails, voice recordings, images, and attachments from Mr. Trump of financial fraud and orchestrating hush money payments to women who alleged having affairs with the president.
Facebook revealed it removed about 1.5 million copies of the gunman's video within the first 24 hours after the shooting. A failure to do this will be punishable by fines of up to A$168,000 for an individual or A$840,000 for a corporation.
Brenton Tarrant , who is originally from Grafton in NSW, had already been charged with one count of murder. New Zealand Prime Minister Jacinda Ardern said improvised explosive devices were also found at the scene.
Upon a search of Walton's auto , police say they found 14 grams of marijuana, a 9mm carbine rifle and several fully loaded clips. The Bengals running back was arrested again, his third arrest of the offseason, according to David Ovalle of The Miami Herald .
He later told the Daily Mail that the heartbreak had brought the family much closer. "It's made the family unit even tighter". Their children - Megan , Matilda and twins Jack and Holly - all sent their well wishes, before Tana did the same.
Four-legged prehistoric whale also toured Pakistan
This led scientists to hypothesize that amphibious whales likely reached North America after leaving Africa's western shores. Scientists have found a rare skeleton of a whale dating from a time before the animals lost their ability to live on land.
Prince Harry Wants to See "Fortnite" Banned
The royal couple, who now on a lavish babymoon, has launched an official Instagram account where they promote various charities. On the eve of the UK's Gaming BAFTA awards, Prince Harry weighed in on the on-going debate surrounding video game addiction.
Amateur women opt for caddies over daddies at Augusta
The final round will take place at Augusta National on Saturday, April 6 and will feature the competitors who made the cut. Her 4-under 140 is one shot back of the leader and Fassi is one of just four players who were under par in both rounds.
Céline Dion announces Courage World Tour, teases new album
Tickets go on sale Friday, April 12 at 10 a.m. and start at $49.50. "I never, never expected something like this", she revealed. For the first time in more than a decade, Celine Dion is heading out on a North American Tour and is making a stop in Winnipeg.