Candidate Herman: Senate Opposition and Reserve Board

candidate herman: He added Quantitative tightening was a killer, should have done the exact opposite! The comments come amid open Senate opposition to his two picks for open seats on the Federal Reserve Board of Governors, former Republican presidential candidate Herman Cain and economic commentator Stephen Moore, according to CNN. Four Republicans said last week they would not vote to confirm Cain, a former Republican presidential candidate who formerly sat on the Kansas City regional Fed board, because of sexual harassment allegations against him. If the Fed had done its job properly, which it has not, the Stock Market would have been up 5000 to 10,000 additional points, and GDP would have been well over 4% instead of 3%...with almost no inflation, Trump tweeted. He has denied the allegations. Massachusetts Democratic Sen. Read More Meanwhile, Moore, a former Wall Street Journal editorial board member and CNN analyst, has been sharply criticized for reversing his opposition to low interest rates when President Barack Obama was in office.A CNN KFILE review of speeches and radio interviews by Moore found that he has a history of advocating self-described radical views on the economy and government, including supporting the elimination of the corporate and and federal income taxes entirely. (news.financializer.com). As reported in the news.