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.
On occasions, when there are competing extradition requests, the home secretary decides which country should take priority. On Friday, several dozen people demonstrated in support of Assange outside the British embassy in Berlin.
One of the weirdest parts of his impromptu press conference was his non-endorsement of Rob Pelinka , the general manager he hired. Johnson denied reports that his relationship with Walton had broken down. "See what she wants to do", the Lakers great added.
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.
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 .
Yet after Woods played out sideways and knocked his third from 205 yards to 25 feet, McIlroy hit an bad second shot. Woods won back-to-back holes with birdies at the fifth and sixth as McIlroy's putting frailties began to show.
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.
Defeat for the star-studded Royals side leaves them second-last on the table and facing an uphill battle to make the finals. There were mixed reactions to Dhoni's actions on twitter. "The skipper (Dhoni) coming on to the pitch cannot happen".
Kodak Black is right now facing heavy backlash for his comments on London just a week after Nipsey Hussle's death. While both men had gang affiliations, the motive for the shooting does not appear to be gang-related.
Chancellor Merkel will have a tete-a-tete will the Taoiseach and a number of meetings during her visit to Dublin. Varadkar said, however, that the withdrawal agreement itself "cannot be reopened".
Uber files with SEC for its IPO
Uber in 2018 had $11.3 billion revenue, up around 42 percent over 2017, but below the 106 percent growth the prior year. Lyft's IPO had excited investors for months, especially after the company increased its IPO share price range.
Eye'll bee damned: woman finds insects in eye
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 .
Boeing first-quarter orders halved amid 737 Max grounding
Boeing said last week it would cut monthly 737 MAX production by 20 percent starting mid-April, without giving an end-date. Boeing's shares, which have lost about 13% since the crash, were down 1.66 percent at $368.32 in afternoon trading.
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.
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.