Trump hits another one out of the park in naming Herman Cain to Fed board

Fans of free markets and the great Trump economy should be dancing with glee at the nomination of Herman Cain to the Federal Reserve's Board of Governors. Here's the Bloomberg report: President Donald Trump said Herman Cain, the former pizza company executive [Federal Reserve of Kansas City Chairman to you, Bloomberg] who ran for the 2012 Republican presidential nomination, is being vetted for a seat on the Federal Reserve Board. Trump told reporters at the White House on Thursday that Cain is in “good shape.” Cain would fill one of two open seats on the board; the president plans to name Stephen Moore, a visiting fellow at the Heritage Foundationand a long-time Trump supporter, for the other. The former Federal Reserve of Kansas City Chairman and successful business leader, who ran for president in 2012 only to be knocked out by a long-ago love affair, will bring some serious free market heft to the Fed's policy-making body alongside...(Read Full Post)
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