President Trump wants to do something about the Federal Reserve. The president thinks Jerome Powell is the reason government economists say the U.S. economy is on shaky ground. Trump keeps bashing Powell for raising interest rates last year. And the president isn’t happy about the decisions the Feds made so far this year. In order to halt what Trump thinks is political sabotage by Powell, Trump nominated Herman Cain, a loyal Trumpian. Cain will become sit on the Board of Governors if his nomination sticks.
Cain, the former Godfather’s Pizza CEO, ran for president in 2012. Mr. Cain also co-founded a Trump Super PAC. On his website, Cain’s message is “we must protect the president from impeachment.” Cain is no stranger to the Federal Reserve. He was the director of the Federal Reserve in Kansas from 1992 to 1996. Herman also helped Trump develop his tax cut in 2017.
Mr. Trump wants Stephen Moore, another loyal Trumpian, to be a visiting fellow at the Heritage Foundation. Cain and Moore like most of Trump’s nominees have unsettling baggage on their resumes. Moore owes the IRS $75,000. And Cain has sexual assault charges and a long-term affair on his job resume.
But Trump did get a chance to throw shade at Biden using a video that depicts Joe on a stage with a cartoon character of him walking up to him front behind and putting hands on his shoulders. Trump used the words, ‘Welcome back Joe” to let Joe know he had him on his Twitter radar. Biden tried to do some damage control, but his touchy feely personality will haunt him through the election campaign if he decides to run, according to the Washington Post.
The Washington Post and the New York Times ran stories about the Mueller investigating team’s reaction to Attorney General Bill Barr’s summary of their report. According to investigators, Barr whitewashed the report to exonerate Mr. Trump. The investigators told other people in the Department of Justice Mr. Barr used his words not their words to describe the outcome of the investigation. Investigators say the evidence that Trump obstructed justice is obvious in the report, but Barr gave him a pass.
Mr. Trump claims he is the victim of presidential harassment. And his lawyer Rudy Giuliani called the investigators rabid Democrats as well as unethical leakers. Mr. Trump said the Times and the Post had no proof that investigators said those things. Rudy thinks the investigators hate the president. That’s why they leaked false information while the investigation was in progress. But no one on Mueller’s team leaked information about the Mueller investigation, according to several news reports.