BUSINESSMAN & FMR PRES. CANDIDATE HERMAN CAIN HAS DIED….

By: Economic & Finance Report

Businessman and former Republican presidential candidate Herman Cain has died from corona virus (Covid-19) at age 74 years old. Mr. Cain was a Republican presidential candidate in the 2012 elections. He came up with the 9-9-9 Plan which was tax proposal for fixing the USA tax code. It was a paramount plan for his campaign. He was a former chairman of the Federal Reserve Bank of Kansas City.

Before his journey into politics and monetary policy, Herman can was CEO and President of Godfather Pizza (subsidiary of Burger King). After his stint at Godfather Pizza he became the CEO of the National Restaurant Association. He was also on various company board of directors as well. -SB

Image Credit: CBSNews.com

HERMAN CAIN TO BE NOMINATED FOR FEDERAL RESERVE POST…….

Image Credit: Wikipedia.Org

By: Economic & Finance Report

President Trump is set to nominate Herman Cain for the US Federal Reserve Board of Governors.

Herman Cain was a former presidential candidate in 2012. He also served as chairman of the Kansas City Federal Reserve Board. His business background includes being the President/CEO of Godfather Pizza, CEO of National Restaurant Association, and being on boards such as Nabisco, Whirlpool, & Reader’s Digest.

Mr. Cain to be on the Fed Board, would have to pass an extensive background check and Senate confirmation process.-SB