Herman Cain Refuses To Withdraw From Fed Board Consideration. Accuser Threatens To Blackmail Him If He Doesn’t
A woman who says she had a long-term consensual affair with Herman Cain threatened to describe his private parts to the Senate Banking Committee if he doesn’t withdraw his name from consideration for the Federal Reserve Board.
President Donald Trump said earlier this month that he plans to nominate Cain to the Federal Reserve Board of Governors, which sets interest rates. Cain served at the Kansas City Federal Reserve between 1989 and 1996 and was chairman from 1995 to 1996. A former CEO of Godfather’s Pizza and Tea Party activist, Cain ran for the 2012 Republican presidential nomination but dropped out after sexual harassment allegations emerged.
At least five women at the time accused Cain of sexual harassment. He has been married almost 50 years.
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During Cain’s presidential campaign, Ginger White claimed she had a 13-year affair with him. Cain continues to deny the allegations.
White’s lawyer, Gloria Allred, told reporters that White would “identify certain parts of Mr. Cain’s body” to corroborate her account, CNN reported.
“It’s time for you, Herman, to quit,” White said at a press conference in Manhattan. “You are a liar and you don’t deserve the public’s confidence in such an important position.”
White added: “I ask Herman Cain, if I never had a sexual relationship with you, how would I be in a position to describe parts of your body that are not visible?”
Cain told Fox News host Neil Cavuto on Thursday afternoon. “I did know her. I don’t deny that. I deny an affair.” He said, “I’m not going to drop out because they are recycling the unfounded accusation from nearly eight years ago.”
Four Republican senators said they will vote against Cain if he’s nominated, partly because of the allegations from White and another accuser, leaving him no clear path to confirmation.
Two of Cain’s accusers received settlements from the National Restaurant Association over sexual harassment claims against him in the late 1990s.
Cain told The Wall Street Journal earlier this week that he is “very committed” to being considered for the Federal Reserve Board.