Trump Won't Nominate Herman Cain to Fed

The transcript discusses the nomination issues of Herman Cain and Stephen Moore for the Federal Reserve. It highlights Cain's past allegations and political advocacy, which led to his withdrawal. The discussion also covers the President's preference for low interest rates and the political backgrounds of the nominees. The controversies surrounding both candidates, including Moore's comments on women and personal issues, are examined. The vetting process and its challenges are also discussed, emphasizing the importance of thorough evaluation before nominations.

What challenges did Stephen Moore face regarding his past and how did it affect his nomination?

Discuss the significance of the vetting process mentioned in relation to the nominations.