Cain has asked not to be nominated to the Fed, Trump says

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Cain has asked not to be nominated to the Fed, Trump says
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Herman Cain asks Trump not to nominate him to Federal Reserve board

Herman Cain has asked not to be nominated for a seat on the Federal Reserve Board, said President Donald Trump in a tweet on Monday. Cain "has asked me not to nominate him for a seat on the Federal Reserve Board. I will respect his wishes," Trump tweeted. Last week, Cain said he had no plans to withdraw from consideration for a seat. Cain is the former CEO of a pizza company and was a candidate for the Republican presidential nomination in 2012.

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