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Trump considering Herman Cain for Fed board seat: Bloomberg reporter

Trump considering Herman Cain for Fed board seat: Bloomberg reporter© Reuters. FILE PHOTO: Federal Reserve building pictured in Washington

WASHINGTON (Reuters) – U.S. President Donald Trump is considering Herman Cain for a seat on the Federal Reserve board, a Bloomberg reporter said on Twitter.

Cain made his fortune as pizza executive before making a bid to be the Republican candidate in the 2012 presidential election. Mitt Romney ultimately won that nomination, but lost the election to former President Barack Obama.

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Source: Investing.com

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