Friday, April 12, 2019

No path for Trump Fed pick Cain as 4 Republicans oppose

No path for Trump Fed pick Cain as 4 Republicans opposeFour Senate Republicans were on record Thursday as opposing Donald Trump's planned choice of former pizza executive Herman Cain to join the US Federal Reserve, essentially scuppering his confirmation before the president officially nominates him. Trump has had tense relations with the nation's central bank for months, as he urges a lowering of interest rates and taps unconventional loyalists like Cain to fill empty seats on the Fed Reserve board. The pressure has led Democrats to raise concerns that the Fed is being politicized.




from Yahoo News - Latest News & Headlines https://yhoo.it/2UOlTqE

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