Herman Cain stands outside of Trump Tower in 2011. Photo: Spencer Platt/Getty Images

Herman Cain's candidacy for the Federal Reserve's Board of Governors is collapsing.

The bottom line: President Trump hasn't even formally nominated him, but a growing number Republicans are privately saying he’ll be confirmed over their dead bodies.

Where it stands: Enough Republican senators — four — have said publicly that they don’t plan to vote for him, virtually dooming his nomination.

  • Republican Sens. Mitt Romney, Cory Gardner, Lisa Murkowski and Kevin Cramer have all said they would oppose Cain.

What they're saying: Senate Majority Leader Mitch McConnell had some blunt advice for Trump about possible nominees during a pen-and-pad session with reporters in his office yesterday.

  • "The White House ought to take into consideration obviously two things before making nominations: One is the background check ... and second is the possibility of being confirmed," McConnell said.
  • "Several of our members had strong feelings about people who have been mentioned in newspaper articles, and I think that should be helpful to the administration."

Between the lines: Asked if he was surprised that Trump was considering Cain, McConnell said with a laugh: "Surprised? On a daily basis ... not totally unusual."

Yes, but: Despite Cain's poor prospects, Director of the U.S. National Economic Council Larry Kudlow told Fox News yesterday that the White House still wants him.

Go deeper: 4 Republican senators oppose Herman Cain Fed nomination

Go deeper

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 9 p.m. ET: 20,755,406 — Total deaths: 752,225— Total recoveries: 12,917,934Map.
  2. U.S.: Total confirmed cases as of 9 p.m. ET: 5,246,760 — Total deaths: 167,052 — Total recoveries: 1,774,648 — Total tests: 64,831,306Map.
  3. Politics: House Democrats to investigate scientist leading "Operation Warp Speed" vaccine projectMcConnell announces Senate will not hold votes until Sept. 8 unless stimulus deal is reached.
  4. 2020: Biden calls for 3-month national mask mandateBiden and Harris to receive coronavirus briefings 4 times a week.
  5. States: Georgia Gov. Brian Kemp to drop lawsuit over Atlanta's mask mandate.
  6. Business: Why the CARES Act makes 2020 the best year for companies to lose money.
  7. Public health: Fauci's guidance on pre-vaccine coronavirus treatments Cases are falling, but don't get too comfortable.

Trump says he intends to give RNC speech on White House lawn

President Trump speaking to reporters on South Lawn in July. Photo: Jabin Botsford/The Washington Post via Getty Images

President Trump told the New York Post on Thursday that he plans to deliver his Republican National Convention speech from the White House lawn, despite bipartisan criticism of the optics and legality of the location.

Why it matters: Previous presidents avoided blurring staged campaign-style events — like party conventions — with official business of governing on the White House premises, per Politico.

Fauci's guidance on pre-vaccine coronavirus treatments

Illustration: Aïda Amer/Axios

Antibody drugs and various medicine cocktails against the coronavirus are progressing and may provide some relief before vaccines.

The big picture: Everyone wants to know how and when they can return to "normal" life, as vaccines are not expected to be ready for most Americans for at least a year. Two therapies are known to be helpful, and more could be announced by late September, NIAID Director Anthony Fauci tells Axios.