Former presidential candidate and Godfather's Pizza CEO Herman Cain is under consideration for a Federal Reserve appointment, CNBC has confirmed.
President Donald Trump is contemplating nominating Cain for a Fed governorship. Cain is a former chairman of the Kansas City Fed.
Cain met with Trump yesterday at the White House, where he was escorted by National Economic Council director Larry Kudlow, CNBC's Eamon Javers confirmed.
White House sources said Trump is meeting with multiple candidates for the Fed vacancy.
Cain ran for president in 2011 and briefly led polling thanks to his"9-9-9" plan, a reference to the respective tax rates he would put on personal income, federal sales and corporations. He suspended his campaign late that year under allegations that he sexually harassed two women.
Cain's potential appointment was first reported by Bloomberg.
This is a breaking news story. Check back here for updates.
from Top News & Analysis https://cnb.cx/2WqnNeS
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