Elected officials and interest groups on both sides of the political aisle voiced support for Powell, and for the need to keep the Fed at arms length from the influence of politicians in its interest rate decisions. And last week Trump told Reuters that Powell is a "good man" who is "trying to do what he thinks is best", one of the more complimentary statements he's made about the Fed chair in months.
The president has already said he plans to unveil yet another conservative secretary, Stephen Moore, for a vacancy on the board.
Senate Majority Leader Mitch McConnell, R-Ky., who has privately encouraged his members to take their concerns about problematic nominees directly to the White House, declined on Thursday to say whether Trump should refrain from nominating Cain altogether. There is also concern that Cain's background check will resurrect past sexual harassment and misconduct allegations that surfaced during the 2012 presidential campaign. Cain's bid for the White House in 2012 came to a halt after two women claimed Cain sexually harassed them when they worked for the National Restaurant Association, where Cain was president and CEO.
Trump in recent days has said he wants to add Cain to the Fed's seven-member board of governors at a time when he has been repeatedly chiding the central bank's leadership for their management of interest rates.
Controversy over Cain's possible nomination, as well as that of economic commentator and Trump supporter Stephen Moore, continued on Thursday.
Cain formerly served on the board of the Fed's Kansas City regional bank.
"I think having someone with business experience on the Fed would be a real breath of fresh air", Moore said.
Moore, asked about the criticisms leveled against Cain and himself for being political, said "I'm a policy guy and he's a businessman, and I think most Americans like the idea of putting non-PhD economists, non-academics into the Fed".
"I don't really think I've said anything much about the gold - I'm not in favor of a gold standard", Moore said.
Neither nomination has been formally sent to the Senate but Trump has said he will put their names forward.
It is really a very good opportunity for our fans. "He must've just said something else that sounded like what I think I heard". Furious Stamford Bridge officials have warned that any further disturbances will lead to the "strongest possible action".
On Sunday at Star Wars Celebration in a snowy (seriously) Chicago, we finally got our first substantial look at The Mandalorian . Weathers has revealed that his character hires Pascal's mercenary gunslinger to acquire a precious object for him.
McIlroy played the par 5s in even - two bogeys, one par and an eagle on No. 8 that got him under par, but only briefly. No one who has covered the Masters for years can remember anything quite like this happening.
Inspector General Michael Horowitz's report about that could be done in May or June, Barr said. "It was started illegally". Barr also dismissed accusations that he was hasty to release the March 24 letter outlining the conclusions of the report.
Prosecutors said they were looking again at the case after a request by the lawyer of the alleged victim. A spokesman for the Swedish Prosecution Authority said they were following the news of Assange's arrest.
That's a problem for an actor in Marvel movies, where protecting spoilers is practically part of the job description. And just to be on the super-safe side, they didn't tell him which one was going to end up in the film .
Johnson made ambivalent comments about Pelinka that led some to wonder if their relationship played a role in the decision. Johnson said part of the reason he made the decision was to maintain his relationship with Lakers owner Jeanie Buss .
Second Brexit referendum vote could happen, says Hammond
The latest plan, in an agreement finalized this week at a summit in Brussels, is for the U.K.to depart the bloc by October 31. He angered them again recently by describing another Brexit referendum as a "perfectly credible proposition".
Sudan coup: Military reaches out to protesters
The leader was indicted by the International Criminal Court (ICC) after allegations of genocide in Sudan's Darfur region surfaced. Mr Ibn Auf was head of military intelligence during the Darfur conflict and the United States imposed sanctions on him in 2007.
Uber Reveals Strong Growth, Huge Losses Ahead of IPO
That would make it the largest IPO since Alibaba Group went public in 2014 with a staring valuation of $169 billion. But its 2018 operating loss was just over $3 billion, down from the $4 billion net loss it incurred in 2017.
Democrats prepare border bills, say Trump enflames problem
According to President Trump, the mass-migration crisis at the border has sparked a wave of violent crime and sexual assaults. Trump's false claim that child separations were carried out by the Obama administration has been frequently refuted .
It's deadline day for Trump's tax returns
He said the department would likely respond by Neal's deadline but didn't say whether he would provide the returns as demanded. When asked by CNN if he had spoken Rettig in recent days, Mnuchin said, "I speak to the IRS commissioner regularly".
Found, Alive, in Woman's Eye: 4 Bees
A Taiwanese woman had living bees removed from one of her eyes , a doctors at Fooyin University Hospital revealed last Wednesday. Sweat bees are incredibly small, which makes them hard for humans to notice as they fly around, according to Terminix .
British PM asks European Union to delay Brexit until June 30
However, three days of talks ended with no agreement and Labour accused May's Conservative government of not offering real change. The British Prime Minister has warned her cross-party talks with Labour on Brexit will mean "compromise on both sides".