President Trump announced Monday afternoon former Godfather's Pizza CEO and Republican presidential candidate Herman Cain won't be serving on the Federal Reserve Board after all.
My friend Herman Cain, a truly wonderful man, has asked me not to nominate him for a seat on the Federal Reserve Board. I will respect his wishes. Herman is a great American who truly loves our Country!— Donald J. Trump (@realDonaldTrump) April 22, 2019
Cain's nomination came under extensive scrutiny two weeks ago and allegations of sexual harassment have resurfaced. Those same allegations tanked his presidential campaign during the 2012 cycle.
"I am at peace with my God. I am at peace with my wife and she is at peace with me. And I am peace with my family and I’m at peace with myself,” Cain said at the time. “As of today with a lot of prayer and soul searching I am suspending my presidential campaign. I am suspending my presidential campaign because of the continued distraction.”
Just four days ago Cain defiantly said he would not withdraw his name or his nomination.
"There is no there there with my past behavior with women. They were all accusations that were unfounded and untrue," Cain said. "They're going to raise it because they're going to try and embarrass me. They're not going to embarrass me because I am not going to allow them to turn my confirmation, if I get there, into a circus. I'm simply not going to allow it.