Herman Cain believes that sexual harassment allegations are not a factor of withdrawal from the Fed



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The former Republican presidential candidate, Herman Cain, was invited to the show "Hannity" on Tuesday night, in which he wondered if allegations of sexual harassment in the past had played a role. role in his decision to withdraw from the Federal Reserve Board.

"These charges have nothing to do with my decision," Cain told host Sean Hannity. "My decision was motivated by … gathering all the information and finding out by the administration staff what I could and could not do.

CAIN'S BID FOR FED FACES SETBACK

"And when I started looking at what I could not do," continued Cain, "it's like taking a stallion, keeping it in the stable, and not letting it run. I could not do what I like. "

President Trump tweeted Monday that Cain was asking not to be named.

"And when I started looking at what I could not do, it's like taking a stallion, keeping it in the stables and not letting it run."

– Herman Cain

"My friend Herman Cain, a truly wonderful man, asked me not to appoint him to a position on the Federal Reserve. I will respect his wishes. Herman is a great American who really loves our country! Trump tweeted.

The charges of sexual harassment and unfaithfulness tainted Cain's presidential candidacy in 2012 and resurfaced after Trump had initially announced his intention to appoint him to the Fed's board of directors.

Cain, the former CEO of Godfather's Pizza, said last week on Fox Business Network that he had not intended to withdraw from the exam .

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Cain told Hannity that restrictions on open speech eventually led to his withdrawal.

"If I had become governor of the Federal Reserve, I would have been limited to what I could talk to and tell the truth to people, whereas in this environment, I can not say what I want, when I want, to whomever I want when it comes to the truth.That's why I made the decision not to do it, "Cain said.

Judson Berger of Fox News and the Associated Press contributed to this report.

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