Apr 24, 2019

Cain: Harassment claims no part of decision to withdraw from Fed consideration

Herman Cain. Photo: Cheriss May/NurPhoto via Getty Images

Herman Cain told Fox News' "Hannity" Tuesday sexual harassment allegations leveled against him formed no part of his decision to withdraw from the Federal Reserve's board consideration after President Trump's nomination.

"Those accusations had nothing to do with my decision. My decision was driven by ... collecting all the information, and also finding out from administration staffers the things that I could and could not do. When I started to look at the list of things that I could not do, that is like taking a stallion, keeping him in the stable, and not let him run."

Details: Cain told Fox News host Sean Hannity if he had become federal reserve governor, he couldn't do the things he enjoys.

"I would have been limited in terms of what I could talk about and tell people the truth. Whereas, in this environment, I am unlimited in being able to say what I want, when I want, to whomever if I want ..."

The backdrop: Cain's potential nomination to the Fed already faced pushback from Republican senators due to sexual assault allegations, which he has previously denied.

Go deeper

Felix Salmon
25 mins ago - Health

Cash can't fix the economy's problems until the coronavirus is curbed

Illustration: Sarah Grillo/Axios

There's plenty of money. It's just not moving to where it's needed.

Driving the news: Thursday's jobs report showed 4.8 million jobs created in June, but those were overwhelmingly people beginning to return to places where they had been temporarily laid off. The number of "permanent job losers" went up, not down, rising 25% in just one month to 2.8 million from 2.2 million.

Go deeper (2 min. read)Arrow
Axios
Updated 54 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 1 p.m. ET: 10,742,416 — Total deaths: 517,162 — Total recoveries — 5,515,076 — Map.
  2. U.S.: Total confirmed cases as of 1 p.m. ET: 2,699,658 — Total deaths: 128,184 — Total recoveries: 729,994 — Total tested: 32,827,359 — Map.
  3. States: Florida reports more than 10,000 new coronavirus cases — 5 states saw 27% spike in heart-related deaths in first 3 months of coronavirus pandemic.
  4. Federal government: Coronavirus testing czar: "We are not flattening the curve right now"
  5. Sports: 9 more NBA players test positive for coronavirus.
Go deeper (<1 min. read)Arrow
Marisa Fernandez
1 hour ago - Health

Coronavirus testing czar: "We are not flattening the curve right now"

Adm. Brett Giroir, the Health and Human Services official overseeing the nation's coronavirus testing efforts, told Congress Thursday that the U.S. is "not flattening the curve right now," and that the nationwide surge in new cases is not simply a result of more testing.

Why it matters: President Trump said at a press conference just hours earlier that the U.S. is getting the coronavirus "under control." He and other top members of his administration have sought to downplay the growing surge in infections as largely a product of increased testing.

Go deeper (1 min. read)Arrow