Trump’s Fed pick Judy Shelton faces obstacles to confirmation

CNBC/Jeff Cox/1-17-2020

photo of Federal Reserve Board of Governors, Jerome Powell presiding

“Speculation also has swirled over whether Shelton may be Trump’s pick for chair after Jerome Powell’s term expires.”

USAGOLD note:  Shelton, an advocate of the gold standard and Fed critic, is one of two nominees put forward last week by the Trump administration for seats on the Fed’s Board of Governors.

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