Trump Said to Consider Herman Cain for Fed Board

The video discusses Herman Cain's potential nomination to the Federal Reserve Board, highlighting his past support for the gold standard and reputation as an inflation hawk. It also addresses the challenges he may face due to past allegations and the political dynamics of his nomination, including the President's preference for lower interest rates.

What monetary policy did Herman Cain support in his 2012 op-ed?

• Fiat currency system

• Cryptocurrency adoption

• Inflation targeting

• Gold standard

What was Herman Cain known for during his time on the Federal Reserve Bank of Kansas City board?

• Supporting low interest rates

• Being a fiscal dove

• Advocating for cryptocurrency

• Being an inflation hawk

What is the general Republican stance on Federal Reserve nominees?

• Focus on environmental policies

• Advocacy for fiscal stimulus

• Preference for dovish policies

• Support for higher interest rates

What is the President's current preference for Federal Reserve candidates?

• Candidates who support higher interest rates

• Candidates with a dovish approach

• Candidates who are former CEOs

• Candidates with a background in technology

What issues could affect Herman Cain's confirmation for a Federal Reserve position?

• His controversial past allegations

• His support for cryptocurrency

• His lack of economic experience

• His age and health concerns