According to Business Insider, President Donald Trump is set to appoint Herman Cain to the Federal Reserve Board. Cain is best known as the CEO of Godfather's Pizza and a 2012 GOP presidential candidate who developed the "9-9-9" tax plan. The "9-9-9" plan called for a simplified tax code with a 9% personal income tax, a 9% federal sales tax, and a 9% business-transaction tax. Trump reportedly told advisers that he wants to appoint Cain to a top job at the central bank, but is waiting on the former businessman's background check.
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