clearn.png
Wednesday September 30th, 2020 9:05PM

Herman Cain for the Fed Board?

By The Associated Press

WASHINGTON (AP) — President Donald Trump has met with Herman Cain about an opening on the Federal Reserve's board of governors.

A person familiar with the conversations downplayed the Wednesday meeting at the White House and pointed out the president is looking at multiple candidates for openings on the central bank's board. The person spoke on the condition of anonymity because they were not authorized to discuss private conversations.

Cain's potential appointment was first reported by Bloomberg.

Cain served for five years as a director of the Federal Reserve Bank of Kansas City. He also is former CEO of Godfather's Pizza.

Cain ran for president as a Republican, but withdrew in December 2011, shortly before the Iowa caucuses and amid a drumbeat of sexual misconduct allegations that he rejected as "false and unproven."

  • Associated Categories: Associated Press (AP), AP Online Headlines - Washington, AP Business, AP Online - Georgia News, AP Online Headlines - Georgia News, AP Business - Industries, AP Business - Financial Services
© Copyright 2020 AccessWDUN.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
Facebook says Apple its restoring a key developer tool
Facebook says Apple is restoring a key development tool that the iPhone maker disabled Wednesday
8:01PM ( 1 minute ago )
Trump plan would channel prescription discounts to patients
Trump administration plan would channel behind-the-scenes drug discounts directly to patients
7:55PM ( 7 minutes ago )
Long johns to short sleeves: Rapid thaw follows polar blast
Long johns to short sleeves: Rapid thaw to follow polar blast; temperatures could climb by 80 degrees
7:54PM ( 8 minutes ago )
Associated Press (AP)
Amazon has another 'Prime' holiday: Profit tops $3 billion
Amazon has another 'Prime' holiday: Profit tops $3 billion for the first time.
7:25PM ( 36 minutes ago )
Trump plans to meet Xi after US-China talks end with no deal
Trump and Xi plan to meet to resolve US-China standoff after talks leave tough issues unsettled
7:22PM ( 40 minutes ago )
Union, league preparing "war chests" for 2021 labor talks
Two years before the labor agreement with the NFL runs out the players' union is gathering a war chest it hopes it doesn't need. Union leaders, however, expect a work stoppage in 2021, while not exactly inevitable, will be difficult to avoid
6:48PM ( 1 hour ago )
AP Business
Atlanta officer charged in wreck that led driver to lose arm
An Atlanta police officer has been indicted on charges including reckless driving in a wreck that caused another driver to lose an arm
8:57AM ( 3 weeks ago )
AP Online - Georgia News
The Latest: Pence praises DEA help in convict Maduro allies
U.S. Vice President Mike Pence has congratulated the Drug Enforcement Administration for helping bring drug trafficking convictions against several members of Venezuelan President Nicolas Maduro's family and inner circle
5:38PM ( 2 hours ago )
The Latest: US rejects mediation offers on Venezuela crisis
The United States strongly rejects offers from Mexico, Uruguay and the Vatican to mediate a dialogue between embattled Venezuelan President Nicolas Maduro and the head of the country's opposition-controlled congress, Juan Guaido
5:18PM ( 2 hours ago )
The Latest: US aid ready for Venezuela if Guaido gives OK
A U.S. official says the United States is ready to deliver humanitarian aid to Venezuela whenever and however is decided by Juan Guaido, the head of the opposition-controlled congress who is challenging President Nicolas Maduro
4:35PM ( 3 hours ago )
AP Business - Industries
World shares mostly higher after Fed signal on rates
Stock markets are mostly higher after the U.S. Federal Reserve signaled it would be slower to raise interest rates and investors eyed the end of U.S-China trade talks.
7:23AM ( 12 hours ago )
Asia shares mostly higher on upbeat China factory data
Asia shares gain on uptick in China factory survey, Fed talk of patience on rate hikes
1:54AM ( 18 hours ago )
Asia shares gain on uptick in China factory survey, Fed talk
Asia shares gain on uptick in China factory survey, Fed talk of patience on rate hikes
10:53PM ( 21 hours ago )
AP Business - Financial Services
Long johns to short sleeves: Rapid thaw follows polar blast
Long johns to short sleeves: Rapid thaw to follow polar blast; temperatures could climb by 80 degrees
7:54PM ( 8 minutes ago )
Thousands fired after garment industry protest in Bangladesh
More than 5,000 workers fired, hundreds charged with crimes after street protests demanding higher wages in Bangladesh's garment industry
7:46PM ( 16 minutes ago )
Survivors question brevity of FBI report on Vegas massacre
The brevity of an FBI report on the Las Vegas massacre has prompted disbelief and outrage from survivors and relatives of victims
7:45PM ( 18 minutes ago )
Federal court again blocks San Francisco warning on soda ads
A federal appeals court has blocked a San Francisco law requiring health warnings on advertisements for soda and other sugary drinks in a victory for beverage and retail groups that sued to block the ordinance
7:42PM ( 20 minutes ago )
US doctor who survived Ebola honored for service in Liberia
A Massachusetts doctor who was among a handful of Americans treated and cured of Ebola in 2014 is being recognized for his work in Liberia through the deadly epidemic
7:41PM ( 21 minutes ago )