Stories

Trump works to fill out the Fed board

In this image, Herman Cain walks out of Trump Tower in a suit.
Then-presidential candidate Herman Cain exits Trump Tower in 2011. Photo: Spencer Platt/Getty Images

President Trump is considering conservative pundit Stephen Moore and former Godfather's Pizza CEO Herman Cain for the two vacant seats on the Federal Reserve's board, Bloomberg's Saleha Mohsin and Jennifer Jacobs report.

Buzz: Mohsin and Jacobs note that Moore is a good friend of White House economic adviser Larry Kudlow and "blamed the Fed for slowing the economy while championing Trump's policies in a March 13 [Wall Street] Journal column that he co-authored."

Moore is also the founder of the conservative Club for Growth and previously served on the WSJ's editorial board. He was an adviser on Trump's campaign and "helped write its economic agenda."

Cain ran for president in 2012 but ended his campaign after multiple allegations of sexual assault and harassment, and has also been a vocal advocate for Trump.

  • "Cain last 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.'"

Go deeper: How Trump views his Cabinet hires as a casting call