Late Thursday evening Sen. Kevin Cramer became the fourth congressional Republican to indicate that we will most likely vote against President Donald Trump if the president nominates former pizza executive Herman Cain to serve on the Federal Reserve’s board.
“If I had to vote today, I couldn’t vote for Herman Cain,” Cramer said to Bloomberg. “The allegations that drove him from the presidential race are just so obviously serious.”
`If I had to vote today, I couldn’t vote for Herman Cain,’ GOP Sen Kevin Cramer says, becoming the 4th GOP senator to oppose him. `The allegations that drove him from the presidential race are just so obviously serious’
— Laura Litvan (@LauraLitvan) April 11, 2019
During the 2012 presidential election, several of then-Republican candidate Cain’s former staffers accused him of “sexually suggestive behavior.” These allegations were never substantiated.
Cramer’s announcement Thursday was preceded by Sens. Mitt Romney, Lisa Murkowski and Cory Gardner all announcing a day earlier that they’d oppose Cain’s nomination.
“I don’t think Herman Cain would be confirmed by the Senate, and I think the president would be wise to nominate someone who is less partisan and more experienced in the world of economics,” Romney said to Bloomberg. “I would anticipate voting no if he were nominated.”
It’s unclear what about the former Godfather’s Pizza CEO is partisan.
“I don’t think Herman Cain would be confirmed by the Senate, and I think the president would be wise to nominate someone who is less partisan and more experienced in the world of economics,” Mitt Romney said. “I would anticipate voting no if he were nominated.”
— Laura Litvan (@LauraLitvan) April 10, 2019
“Senator Murkowski said that she would not support his nomination,” a spokesperson for the Alaska congresswoman likewise confirmed with the media.
And when asked Wednesday about whether he’d vote for Cain, Gardner said, “No.”
“It’s not about his past. It’s about who I think should be on the board,” he added.
Assuming every Democrat were to vote against the president, this means his potential nomination of Cain to the Federal World is effectively dead in the water.
What’s notable is that the rhetoric of Cramer, Romney, Murkowski and Gardner mirrors that of Democrats, Hollywood and the demonstrably left-wing media, all of whom have been critical of Cain since Trump signaled that he might appoint him to serve on the Federal Reserve:
Next prospective member of the #TrumpClownCar: Herman Cain, who the hapless moron “president” is considering for the Federal Reserve Board. The stoogiest #TrumpStooge yet! Remember Cain? The know-nothing presidential candidate? Yeah, him. https://t.co/e2Bnb222sZ
— Charles T. White (@charlie_white) April 4, 2019
Nancy Pelosi called Trump’s two Fed picks “the worst, ill-suited appointments that the president could come up with.”
“That is a dangerous thing for an economy, when a central bank of the country has political influence.” https://t.co/cG6PdYyyHl
— Kyle Griffin (@kylegriffin1) April 11, 2019
In a sane world, a president considering nominating Herman Cain for the Fed would be a crisis all by itself.
— John Warner (@biblioracle) April 11, 2019
Trump wants to put two conspiracy theorists on the Fed. When government economic data have revealed politically inconvenient trends in the past, both Cain and Moore (like Trump) have claimed that the numbers were phony. https://t.co/QToJZgdR6O
— Catherine Rampell (@crampell) April 9, 2019
By choosing Herman Cain for the Fed, Trump has actually broken new ground. Moore was a shocker, but Cain represents a whole new level of Trumpiness.
The two can seem similar, in that both are clearly unqualified and likely to be purely political animals. But there’s more 1/
— Paul Krugman (@paulkrugman) April 5, 2019
Trump intends to nominate Godfather’s Pizza guy Herman Cain to the Fed, confirming that “fresh new hell” can never fully capture the depths to which we have plummeted as a nation.
— George Takei (@GeorgeTakei) April 4, 2019
Sherrod Brown on Herman Cain: “I guess I applaud the president that he found a nominee worse than Stephen Moore. … Neither Moore nor Cain have the gravitas and the experience and the nonpartisanship and the sort of levelheadedness and fairmindedness to be a leader at the Fed“
— Manu Raju (@mkraju) April 4, 2019
Speaking on MSNBC last week, CNBC chief Washington correspondent John Harwood claimed the president wants to place Cain on the Federal Reserve because he’s “for political juice on the fed so that they will give him some political juice in the economy as he runs for reelection.”
This fits with what Romney said about the former pizza executive allegedly being partisan.
“So Mr. Cain’s political fealty to Mr. Trump is ironclad — stronger, certainly, than his expertise in economics or financial markets, usual qualifications for the Fed Board of Governors,” The Washington Post’s editorial board opined last weekend, echoing Romney vis-à-vis Cain’s alleged inexperience.
“The Fed’s integrity has been threatened before, by presidents and by members of Congress seeking to bend its awesome powers to their short-term partisan advantage. So far, it has generally withstood those attempts, arguably emerging even stronger. Mr. Trump seems determined to mount another attack, which might succeed unless the Republicans who control the Senate put the nation’s interest above his and refuse to go along.”
Just as it’s unclear what about the former Godfather’s Pizza CEO is partisan, it’s equally unclear how exactly he lacks experience, especially given as he previously served on the Kansas Federal Reserve.
“From 1995 to 1997, he served as chairman of the Federal Reserve Bank of Kansas City, having served as deputy chairman for two years before that. If that’s not relevant experience, what’s the point of the Regional Bank Boards?” New York Post columned Karol Markowicz notes.
After the president announced last month that he also intends to nominate economic commentator Stephen Moore, the cofounder and former president of the Club for Growth, to serve on the Federal Reserve, similar accusations of alleged inexperience were trotted out.
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