Herman Cain expected to withdraw from Fed consideration

Senators Mitt Romney, R-Utah, Lisa Murkowski, R-Alaska, Cory Gardner, R-Colo., and Sen. Kevin Cramer, R-N.D., have come out in opposition to Cain’s appointment, likely sinking his chances of confirmation by the Senate, since it’s unlikely that he will get the support of Senate democrats.

Since Cain has yet to be formally nominated, he is expected to announce his decision to withdraw his name from consideration in the coming days, according to an administration official and a source familiar with the matter…

When asked by reporters on Wednesday if Cain’s nomination is safe, Trump suggested Cain will decide if he steps aside.