Trump says he will not nominate Herman Cain to Federal Reserve board
- Pizza company CEO had struggled to secure support in Senate
- President tweets ‘I will respect [Cain’s] wishes’
Donald Trump will not name Herman Cain to the Federal Reserve board. The US president said on Monday the former Republican presidential hopeful and Godfathers pizza chief executive had asked him to stop the nomination.
Related: ‘Very smart people’: Trump adviser defends Cain and Moore Fed picks