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Trump set to pick Herman Cain for Fed seat


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President Trump is reportedly near naming former Godfather's Pizza president and conservative activist Herman Cain to an open seat on the Federal Reserve board. 


Cain served as director of the Federal Reserve Bank of Kansas City from 1992 to 1996.

Cain is close to be being announced once a background check is complete, Axios reported Thursday, citing "two senior administration officials familiar with the decision." He was previously reported to be under consideration by Bloomberg in January. 



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