Markets

Trump’s controversial Fed pick inches closer to Senate confirmation

Judy Shelton inched closer to Senate confirmation this week despite bipartisan scrutiny of her unconventional economic views. Senator Pat Toomey said late Wednesday he would support Shelton, offering her key support in the banking committee. Shelton, who has supported the gold standard and dismissed central bank independence, raised concerns at […]
Trump’s controversial Fed pick inches closer to Senate confirmation
Markets

Trump just tapped former economic adviser Judy Shelton for a Federal Reserve seat. She’s a fierce critic of the central bank who sees grey area on its independence from the administration.

President Donald Trump announced on Tuesday he would nominate his former adviser Judy Shelton to the Federal Reserve board. Shelton has long been an outspoken critic of the central bank, arguing that it has too much power over markets. While economists say it is crucial that a central bank operates […]
Trump just tapped former economic adviser Judy Shelton for a Federal Reserve seat. She’s a fierce critic of the central bank who sees grey area on its independence from the administration.
Markets

The latest potential Fed pick, a former Trump campaign adviser, says it would be ‘superficial’ for her to say whether the central bank is independent

The Federal Reserve has long been regarded as independent from political influence. But its reputation has been called in to question in recent months after unprecedented pressure to lower rates from President Donald Trump. Potential Federal Reserve nominee Judy Shelton sees some grey area when it comes to the independence […]
The latest potential Fed pick, a former Trump campaign adviser, says it would be ‘superficial’ for her to say whether the central bank is independent
Markets

The White House is said to be vetting Judy Shelton for a seat on the Fed board. She told us what she would bring to a central bank whose policies she has long criticised.

The White House is vetting former Trump adviser Judy Shelton for nomination to the Federal Reserve Board of Governors, according to reports. The potential nominee has been critical of the central bank and would like to change some of the core ways it operates. In an interview with Markets Insider, […]
The White House is said to be vetting Judy Shelton for a seat on the Fed board. She told us what she would bring to a central bank whose policies she has long criticised.