Apr 12, 2019

Herman Cain's Fed Board chances are tanking

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

The cracks in Trump’s GOP shield

Photo Illustration: Sarah Grillo/Axios. Photo: Doug Mills-Pool/Getty Images

President Trump’s mockery of coronavirus masks, his false claims about the dangers of voting by mail and his insinuations that a cable TV nemesis was involved in a murder are testing more high-profile Republicans' willingness to look the other way.

The big picture: Republicans learned a long time ago how dangerous it is to alienate Trump’s base — which is why any hint of disagreement, even a whisper, is so remarkable when it happens.

Updated 2 hours ago - Politics & Policy

U.S. cities crack down on protesters

The scene near the 5th police precinct during a demonstration calling for justice for George Floyd in Minneapolis on Saturday. Photo: Kerem Yucel/AFP via Getty Images

Major U.S. cities have implemented curfews and called on National Guard to mobilize as thousands of demonstrators gather across the nation to continue protesting the death of George Floyd.

The state of play: Hundreds have already been arrested as tensions continue to rise between protesters and local governments. Protesters are setting police cars on fire as freeways remain blocked and windows are shattered, per the Washington Post. Law enforcement officials are using tear gas and rubber bullets to try to disperse crowds and send protesters home.

Updated 2 hours ago - Politics & Policy

George Floyd protests: What you need to know

Photo: David Dee Delgado/Getty Images

Clashes erupted between law enforcement and protesters in several major U.S. cities Saturday night as demonstrations over the death of George Floyd and other police-related killings of black men spread across the country.

The big picture: Floyd's death in Minneapolis police custody is the latest reminder of the disparities between black and white communities in the U.S. and comes as African Americans grapple with higher death rates from the coronavirus and higher unemployment from trying to stem its spread.