During his first 18 months in office, Trump relied on Treasury Secretary Steven Mnuchin and other economic advisers to pick Fed nominees, but he has wrested control of the process in recent months after blaming Mnuchin for steering him toward Jerome Powell as Fed chairman.
Elected officials and interest groups on both sides of the political aisle voiced support for Powell, and for the need to keep the Fed at arms length from the influence of politicians in its interest rate decisions.
"I like Herman Cain", Trump told reporters on Wednesday.
"Herman is, you know, he's already sat on one of the Fed Boards", Trump said Tuesday.
The White House declined to comment, but Axios and the Wall Street Journalnoted that Cain is being contemplated. Kevin Cramer, R. -N.D., that he opposed Cain, citing past charges of sexual harassment that resulted in Cain's withdrawl from the 2012 Republican presidential race.
The former CEO of Godfather's Pizza, who turned the company into a top pizza franchise, is an ardent supporter of the president, launching a pro-Trump super PAC, America Fighting Back PAC in 2018.
"President Donald Trump is calling on the Federal Reserve to start cutting interest rates, saying the economy will take off as a" rocketship" when the Fed begins loosening policy.
Asked about the controversy over the usually staid Fed, including statements by Cain and Moore in mainstream and social media, St. Louis Federal Reserve bank President James Bullard said the institution tends to "convert" people pretty quickly to its technocratic methods.
"CNN" s Erin Burnett caught Stephen Moore, recently picked by President Donald Trump to join the Federal Reserve, in a whopper of a lie Thursday night when she pressed him on his past advocacy for the gold standard.
"I think having someone with business experience on the Fed would be a real breath of fresh air", Moore said. "It's about who I think should be on the board", the senator explained.
Trump has not formally nominated Cain or Moore.
Jeffries, chairman of the House Democratic Caucus and a possible eventual successor to Pelosi, derided Trump's choice of Moore and Cain.
More likely than not, though, Cain's proto-nomination is toast; there are late-breaking reports that he will withdraw his candidacy for the post, relieving the president of the responsibility for pulling the plug.
But a Game Of Thrones promo released on Monday showed Jon Snow and Arya Stark reunited finally in the Godswood of Winterfell. Last month, Sophie Turner , who plays Sansa Stark, revealed she ruined the show's ending for her fiancé Joe Jonas.
The tiny bees - which were were pulled out intact and alive - flew into Ms He's eye as she cleaned around a relative's grave. They also drink tears for their high protein content, according to a study by the Kansas Entomological Society .
Trump visited the California border city of Calexico, where he toured a section of the new border wall being constructed. Families, many traveling from Central American countries, made up more than half of those numbers, CBP said .
Following the release of papers Lenin Moreno also accused Wikileaks of intercepting his phone calls and private conversations. Assange's defence team suggested on Twitter that Moreno was trying to use the scandal to pressure the WikiLeaks founder.
Guterres had been in the capital this week to help organize a national reconciliation conference planned for later this month. Fighting has been reported near the former global airport, which the LNA claims now to control.
Diakite hit an unbelievable buzzer-beater to send his Virginia team's Elite Eight game against Purdue to overtime. Virginia outscored Purdue 10-5 in overtime to win the South Region and earn a spot in the Final Four.
Tiger Woods seals fifth Masters title and 15th major
Through 54 holes this week Molinari has only made one bogey, and that came during the first round on Thursday at the 11th hole. Tiger Woods is in position to claim his first major title in 11 years, after a record-breaking third round of the Masters.
South Korea launches world's first national 5G networks
Neither KT nor SK Telecom use Huawei technology in their 5G networks, but it is a supplier to LG UPlus, the companies told AFP . Why this matters: People are mostly excited about the promise of ultra-fast 5G speeds: 500 to 1,500 megabits per second.
India to have 100 satellites in space by 2025
The major challenges in the mission were to achieve "hit to kill" against a live satellite with an accuracy with less than 10 cm. These includes about 10,000 pieces of space debris , of which almost 3,000 were created by a Chinese anti-satellite test.
Trump asks federal authorities to review Smollett case
Foxx then called Chicago Police Superintendent Eddie Johnson to ask him to let the FBI investigate the alleged attack. Tina Glandian, one of his defense lawyers, told NBC News on Thursday that she was not concerned by the review.
Mueller’s report gets layers of interpretation on ‘SNL’ cold open
Added Bryant's Barr: "Most of it provided on live television by the president himself". " Russia , if you're watching, go to bed". We'll have to see if this was De Niro's last appearance on the show as Mueller, now that the report has wrapped up in real life .
Woods' big run sends him to weekend against McIlroy
I had to make a few birdies just to hang in there on the front nine and to finish with two birdies on 15 and 16 was very nice". There was also joy for England's Ian Poulter, who birdied the final two holes for a two-up victory over the US's Kevin Kisner.