REPORT: Herman Cain Considered For Federal Reserve Board
President Donald Trump is considering executive Herman Cain for the Federal Reserve Board. A Bloomberg reporter noted Herman Cain’s meeting at the White House Wednesday.
SCOOP: Trump is considering Herman Cain, the former pizza company CEO who ran for president in 2012, for a seat on the Federal Reserve board, five sources told me.
— Jennifer Jacobs (@JenniferJJacobs) January 31, 2019
President Donald Trump continues to make progress in his deal-making with the Chinese government, compelling China’s recent offer to purchase more than $1 trillion in additional American goods over a six-year period.
The stock market surged on the news, with the Dow Jones, the New York Stock Exchange, and NASDAQ all rising on President Trump’s announcement.
The White House hopes to end the massive trade deficit with China by the year 2024.
Talks between the two countries picked up again, with Trump pressing China to correct the decades-long trade disparity between the two powers and invest in America’s manufacturing and export capability.
President Trump also commanded the respect of the Chinese on the issue of the drug fentanyl, for which a massive bust occurred Thursday by United States law enforcement.