A look at President Trump’s potential Federal Reserve nominations

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potential nominee to the Federal Reserve Board of Governors.</span> <span class="credit"> Scott Olson/Getty Images</span> </div> <div class="c-story-head-caption-arrow"></div> </div>   <div class="o-section-head-mobile">  <div class="c-story-head__body-topic"> <a href="https://www.marketplace.org/collection/weekly-wrap/">Weekly Wrap</a> </div> <h1 class="title"> A look at President Trump’s potential Federal Reserve nominations </h1> <div class="c-story-head__body-meta inline-flex items-center"> <div class="author-img lazyload" data-bg="https://www.marketplace.org/wp-content/uploads/2021/07/KaiRyssdalPhoto.png?w=300"></div><a href="https://www.marketplace.org/author/kai-ryssdal/" class="c-story-head__body-meta-author bold">Kai Ryssdal</a> <span class="c-story-head__body-meta-date">Apr 12, 2019</span> </div>  <div> <div class="w-full img-center min-tablet:w-1/2 col col-bg min-tablet:block"> <img class=" image_align-center lazyload" src="https://www.marketplace.org/wp-content/uploads/2019/04/GettyImages-129990574.jpg?w=720" alt="" /> </div> </div> <div class="c-story-head-featured-mobile_image_data_box"> <div class="block-caption c-story-head-caption"> <span class="caption"> Herman Cain is a potential nominee to the Federal Reserve Board of Governors.</span> <span class="credit"> Scott Olson/Getty Images</span> </div> </div>   <div class="c-stories-head-mobile-ctas flex flex-row flex-start"> <div class="cta-bg flex justify-center items-center content-center"> <a href="https://play.publicradio.org/edit/d/podcast/marketplace/segments/2019/04/12/mp_20190412_seg_16_64.mp3" data-src="https://play.publicradio.org/edit/d/podcast/marketplace/segments/2019/04/12/mp_20190412_seg_16_64.mp3" id="" class="o-btn o-btn__accent-bg o-btn__theme js-track-mount" data-no-swup data-ref="js-player-spreads" title="Listen Now" data-title="A look at President Trump’s potential Federal Reserve nominations" data-show="Marketplace" 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window.location.href;\n <\/script>\n<\/div>"' data-bottom='"<div class=\"top-latest-stories\"><style>\n\t.top-latest-stories {\n\t\tfont-family: Muli,cabin,helvetica,arial,sans-serif;\n\t\tbackground-color: transparent;\n\t\tmargin: 10px 0;\n\t\tcolor: #121212;\n\t\tmax-width: 700px;\n\t\tborder-top: 5px solid #121212;\n\t\tborder-bottom: 2px solid #121212;\n\t\tpadding: 5px 0 10px 0;\n\t}\n\t.original-content .top-latest-stories{\n\t\tmargin: 10px auto;\n\t}\n\n\t#episode-segments .top-latest-stories{\n\t\tmargin: 0 auto;\n\t}\n\t\n\t.top-latest-stories__body-headline h6 {\n\t\tmargin-top:0!important;\n\t\tmargin-bottom: .5rem!important;\n\t}\n\t.top-latest-stories__body-headline h6 a {\n\t\tfont-size: .9rem;\n\t\tdisplay: inline-block;\n\t\tcolor: #121212!important;\n\t}\n\t.top-latest-stories__body-headline h6 a::after {\n\t\tcontent: \"\u203a\";\n\t\tposition: relative;\n\t\tfont-weight: 500;\n\t\tmargin-left: 5px;\n\t}\n\t.top-latest-stories__body-stories {\n\t\tmargin-bottom: .25rem !important;\n\t}\n\t.top-latest-stories__body-stories .story {\n\t\tline-height: 1.7rem!important;\n\t\tlist-style:inside;\n\t}\n\t.top-latest-stories__body-stories .story a{\n\t\tfont-family: Muli,cabin,sans-serif;\n\t\tcolor: #121212!important;\n\t\tfont-size:0.9rem;\n\t\ttext-decoration: none!important;\n\t\tborder-bottom: 1px solid #cccccc;\n\t\tcursor: pointer;\n\t}\n\t.top-latest-stories__body-stories .story a:hover{\n\t\tborder-bottom: none;\n\t}\n\t<\/style><div class=\"top-latest-stories__body\">\n\t\t<div class=\"top-latest-stories__body-headline\">\n\t\t\t<h6><a href=\"https:\/\/www.marketplace.org\/latest-stories\">Latest Stories on Marketplace<\/a><\/h6>\n\t\t<\/div>\n\t\t<ul class=\"top-latest-stories__body-stories\"><li class=\"story\"><a href=\"https:\/\/www.marketplace.org\/2024\/11\/22\/how-the-u-s-benefits-from-providing-military-aid-to-other-countries\/\"\n\t\t\t\t\ttarget=\"_blank\">How the U.S. benefits from providing military aid to other countries\u00a0<\/a><\/li><li class=\"story\"><a href=\"https:\/\/www.marketplace.org\/2024\/11\/22\/how-trumps-policy-proposals-could-affect-housing-prices\/\"\n\t\t\t\t\ttarget=\"_blank\">How Trump’s policy proposals could affect housing prices<\/a><\/li><li class=\"story\"><a href=\"https:\/\/www.marketplace.org\/2024\/11\/22\/toy-store-owners-sisters-fantasy-island-toys-alabama-hiring-holiday-shopping\/\"\n\t\t\t\t\ttarget=\"_blank\">Alabama toy shop owners prepare for the holiday rush<\/a><\/li><\/ul>\n\t\t<\/div>\n\t<\/div>"' ></div><p>Controversy is swirling around President Donald Trump’s potential nominations of <span>Herman Cain and Stephen Moore to the </span>Federal Reserve Board of Governors. Are those selections political or partisan? We talk about it with Kate Davidson of the Wall Street Journal.</p> <p>“The Fed has this very long tradition of independence,” Davidson said. “The president in selecting nominees for the board, that’s a way that the White House does have political influence.”</p> <p><em><strong>Click the audio player above to hear their full conversation.</strong></em></p> <div id="single_rail_300-250" class="mp-ads lazyload"></div> <div id="jp-relatedposts" class="jp-relatedposts"> <h3 class="jp-relatedposts-headline"><em>Stories You Might Like</em></h3> <div class="jp-relatedposts-items jp-relatedposts-items-visual jp-relatedposts-grid "> <div class="jp-relatedposts-post jp-relatedposts-post0 jp-relatedposts-post-thumbs"> <a class="jp-relatedposts-post-a" title="While criticizing the Fed, Trump picks Cain for its board" href="https://www.marketplace.org/2019/04/05/donald-trump-wants-to-appoint-herman-cain-to-the-federal-reserve/" data-position="0"><img class="jp-relatedposts-post-img lazyload" 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