President Donald Trump will nominate former Tea Party Republican presidential candidate Herman Cain to the Federal Reserve board, but this time is expected to wait until a background check is completed, Axios reports.
Cain, who is not an economist, was forced to drop his 2012 White House hopes after accusations by five different women of sexual misconduct.
He is best known for his “9-9-9” tax policies that were not actual policies and were never fully fleshed out. Essentially, Cain proposed a 9% personal income tax, a 9% federal sales tax, and a 9% corporate tax, but there were no studies done that explained how they would affect the U.S. economy.
A former CEO of Godfather’s Pizza, Cain’s positions on same-sex marriage abortion, and other social issues place him on the hard core, far right wing conservative spectrum.
Cain’s impending nomination follows Trump’s also disastrous choice of Stephen Moore, a former Fox News and CNN analyst associated with right wing think tanks and activist organizations.
Moore wrote a book praising Trump’s economic “plans” and called for him to be awarded a Nobel prize.
Moore, it was revealed after Trump nominated him, owes the IRS $75,000, and owed his ex-wife hundreds of thousands of dollars. She also has accused him of flaunting his extramarital affairs in her face.
Here is video from 2011 of one of Cain’s accusers:
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Image by Gage Skidmore via Flickr and a CC license