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Cain’s possible Fed nomination in peril as Republican opposition mounts

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Cain's possible Fed nomination in peril as Republican opposition mounts

FILE PHOTO: Former presidential candidate Herman Cain arrives at a rally for U.S. Republican presidential candidate and former Speaker of the House Newt Gingrich in Tampa, Florida January 30, 2012. REUTERS/Shannon Stapleton/File Photo

WASHINGTON (Reuters) – President Donald Trump’s expected nomination of former pizza chain executive Herman Cain to the Federal Reserve appeared in jeopardy on Thursday after a fourth Republican senator voiced opposition, possibly denying Cain the support needed to be confirmed in the post.

“If I had to vote today, I would vote no,” Senator Kevin Cramer said in an emailed statement.

If all of the Senate’s Democrats and the two independents aligned with them were to vote against Cain, he would fall short of the majority support he needs.

Cain could not be reached for comment.

Senators Mitt Romney, Lisa Murkowski and Cory Gardner, all Republicans, have each reportedly said they would vote against Cain if he comes up for confirmation.

Economists and other critics have expressed concerns about loyalists of Republican Trump serving on the traditionally nonpartisan central bank. Cain has been a public advocate of many of Trump’s policies as has Stephen Moore, another person Trump has said he wants to nominate. Neither nomination has been formally sent to the Senate but Trump has said he will put their names forward.

On Facebook earlier this week, Cain said the reason he was under attack as a nominee is because he is a conservative. Cain’s bid for president in 2012 was derailed by accusations of sexual harassment that he has repeatedly denied.

White House economic adviser Larry Kudlow said on Thursday that Trump intends to proceed with plans to name Cain to the Fed’s Board of Governors.

“I like Herman Cain,” Trump told reporters on Wednesday. “As to how he’s doing in the process that I don’t know … Herman is a great guy and I hope he does well.”

Reporting by Trevor Hunnicutt and Tim Ahmann; Editing by Eric Beech and Grant McCool

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Trump’s written — at times snarky — answers to Mueller’s questions revealed

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Why the Mueller report could turn into a never-ending story on the Hill

Special Counsel Robert Mueller and President Trump communicated directly at one point during the long-running investigation into Russian election interference, when the president’s legal team submitted written testimony in response to Mueller’s questions on a variety of topics in November 2018.

And in some cases, Trump and his attorneys brought the sass.

One of Mueller’s questions referred to a July 2016 campaign rally, when Trump said, “Russia, if you’re listening, I hope you’re able to find the 30,000 emails that are missing.”

That was a reference to the slew of documents deleted from Secretary of State Hillary Clinton’s private email server — one that prompted numerous accusations that Trump was improperly sending a signal to Russian hackers. Mueller’s report noted that hours after Trump’s remarks, a Russian-led attempt to access some Clinton-linked email accounts was launched, although there was no evidence Trump or his team directed or coordinated with that effort.

“Why did you make that request of Russia, as opposed to any other country, entity or individual?” Mueller’s prosecutors asked.

Mueller’s report noted that after Trump’s statement, future National Security Adviser Flynn contacted operatives in hopes of uncovering the documents, and another GOP consultant started a company to look for the emails.

“I made the statement quoted in Question II (d) in jest and sarcastically, as was apparent to any objective observer,” Trump’s attorneys shot back. “The context of the statement is evident in the full reading or viewing of the July 27, 2016, press conference, and I refer you to the publicly available transcript and video of that press conference.”

Separately, Mueller asked Trump why he previewed a speech in June 2016 by promising to discuss “all of the things that have taken place with the Clintons,” and what specifically he’d planned to talk about.

Trump didn’t hold back.

“In general, l expected to give a speech referencing the publicly available, negative information about the Clintons, including, for example, Mrs. Clinton’s failed policies, the Clintons’ use of the State Department to further their interests and the interests of the Clinton Foundation, Mrs. Clinton’s improper use of a private server for State Department business, the destruction of 33,000 emails on that server, and Mrs. Clinton’s temperamental unsuitability for the office of the president,” Trump responded.

WHATEVER HAPPENED TO THE ‘BOMBSHELLS’ THAT FIZZLED? BUZZFEED’S COHEN TESTIMONY SCOOP, THE GOP PLATFORM SWITCH, ETC?

After discussing other events, Trump concluded his reply: “I continued to speak about Mrs. Clinton’s failings throughout the campaign, using the information prepared for inclusion in the speech to which I referred on June 7, 2016.”

In all, Mueller’s 448-page report included 23 unredacted pages of Mueller’s written questions and Trump’s written responses. The special counsel’s team wrote that it tried to interview the president for more than a year before relenting and permitting the written responses alone.

An introductory note included in the report said the special counsel’s office found the responses indicative of “the inadequacy of the written format,” especially given the office’s inability to ask follow-up questions.

Click here for the full exchange between Mueller’s team and Trump.

Citing dozens of answers that Mueller’s team considered incomplete, imprecise or not provided because of the president’s lack of recollection — for instance, the president gave no response at all to the final set of questions — the special counsel’s office again sought an in-person interview with Trump, and he once again declined.

Mueller’s team said it considered seeking a subpoena to compel Trump’s in-person testimony, but decided the legally aggressive move would only serve to delay the investigation.

Fox News’ Brooke Singman and The Associated Press contributed to this report.

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Mueller report has held America ‘hostage’ for 2 years, Federalist editor says

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Mueller report has held America 'hostage' for 2 years, Federalist editor says

While many analysts are advising Democrats to move on from Mueller report and the issue of collusion, The Federalist senior editor Mollie Hemingway said Thursday it will be hard for America to move on because it’s been “held hostage” by the idea of President Trump colluding with Russia.

“The country was basically held hostage by a collusion theory, a theory that the president of the United States was a foreign agent. This undermined the administration of our government. It totally sidelined the Department of Justice, it hampered our ability to do foreign policy. It was a very negative thing,” Hemingway told “Special Report with Bret Baier.”

MUELLER REPORT SHOWS PROBE DID NOT FIND COLLUSION EVIDENCE, REVEALS TRUMP EFFORTS TO SIDELINE KEY PLAYERS

“There needs to be accountability. We are being given indications there will be accountability for this.”

After two years, a redacted version of Mueller’s report was released Thursday showing investigators did not find proof of collusion between the 2016 Trump campaign and Russia but revealed an array of controversial actions by the president that were examined as part of the investigation’s obstruction probe.

Democrats criticized Barr and demanded an unredacted version of the report while Republicans demanded an investigation into how the Russia collusion narrative began.

RUDY GIULIANI ON THE RELEASE OF THE MUELLER REPORT: ‘THIS PRESIDENT HAS BEEN TREATED TOTALLY UNFAIRLY’

Hemingway said the idea that people would just “move on” was “absurd.”

“The American people tolerated this investigation because they were told there was reason to believe the president was a traitor. The idea that we are just going to quickly move on from this like ‘OK, I guess it was our bad, there was no collusion,’ but now we’re trying to go on obstruction is patently absurd,” Hemingway said.

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James Comey tweets he has 'so many answers' after release of Mueller report

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Former FBI Director James Comey had “so many answers” on Thursday following the release of Special Counsel Robert Mueller’s report, after he initially tweeted he had “so many questions.”

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