Herman Cain appears to lack the support for Senate confirmation to Fed seat

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Herman Cain appears to lack the support for Senate confirmation to Fed seat
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Herman Cain, who President Trump has been considering for a nomination to the Federal Reserve board, does not appear to have enough support to be confirmed by the Republican-controlled Senate.

Herman Cain speaks during Faith and Freedom Coalition's Road to Majority event in Washington on June 20, 2014.Get breaking news alerts and special reports. The news and stories that matter, delivered weekday mornings.

Spokeswomen for both Murkowski and Romney said they would not support Cain’s nomination, if Trump were to select him. Cain is the former head of the Godfather’s Pizza chain and ran an successful bid for the GOP presidential nomination in 2012,, which he has denied. Asked about Cain Wednesday, Trump said, “I like Herman Cain. Herman is a wonderful man. A supporter of mine for a long he ran a good campaign. It's up to Herman. He already sat on one of the fed boards. He is somebody I like a lot. As to how he is doing in the process, that I don't know. You go through a process.”

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