Trump Today: President suggests Cain Fed pick in jeopardy as he rejects turning over tax returns

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Trump Today: President suggests Cain Fed pick in jeopardy as he rejects turning over tax returns
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President Trump on Wednesday suggested his pick of Herman Cain for the Federal Reserve was in jeopardy

President Donald Trump on Wednesday suggested his pick of Herman Cain for the Federal Reserve was in jeopardy, as he rejected House Democrats’ demands to produce his tax returns on the day they’d set as a deadline.With Cain running into some opposition in the Republican-controlled Senate, Trump said he didn’t know how the former pizza executive’s vetting was going but he wished him well.

Democrats want Trump to hand over six years of his personal and business tax returns to House Ways and Means Committee Chairman Richard Neal. But speaking to reporters before departing for a trip to Texas, the president said he would not. Democrats are seeking Trump’s returns as they try to shed light on his financial dealings and potential conflicts of interest.Now see: What could be learned from Trump’s tax returns.

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