'Really Unfair': Asman Slams 'Demeaning' Coverage of Herman Cain's Nomination to Fed
Fox Business Network anchor David Asman said the media has been unfair in its coverage of President Trump nominating former Republican presidential candidate Herman Cain to the Federal Reserve board.
Asman noted that Cain, former CEO of Godfather’s Pizza, previously chaired the Kansas City Federal Reserve, yet is now being labeled unqualified by the media and pundits.
Cain ran for president in 2012, but his candidacy ended after sexual harassment allegations emerged.
Trump called Cain an "outstanding person" last week and said he would do "very well" at the Fed. However, the Washington Post Editorial Board called the choice "utterly reckless," while HBO's John Oliver ridiculed the decision on his show Sunday.
Responding on "America's Newsroom," Asman said one report labeled Cain as simply "the pizza man."
"There is something really demeaning about [the coverage]," he said, adding that diversity is always championed for the Federal Reserve board and if Cain were a liberal, the left would "cry racism" over the criticism he is taking.
Trump has repeatedly criticized the Federal Reserve's interest rate decisions, calling out chairman Jerome Powell for slowing economic growth.
Watch the full segment above.