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FILE - In this June 20, 2014 file photo, Herman Cain, CEO, The New Voice, speaks during Faith and Freedom Coalition's Road to Majority event in Washington. President Donald Trump said Thursday, April 4, 2019, he is recommending Herman Cain, a political ally and former presidential candidate, for a seat on the Federal Reserve board. (AP Photo/Molly Riley, File)

FILE - In this June 20, 2014 file photo, Herman Cain, CEO, The New Voice, speaks during Faith and Freedom Coalition's Road to Majority event in Washington. President Donald Trump said Thursday, April 4, 2019, he is recommending Herman Cain, a political ally and former presidential candidate, for a seat on the Federal Reserve board. (AP Photo/Molly Riley, File)

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