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President Donald Trump’s two selections to fill Federal Reserve board spots will get their affirmation hearings Thursday earlier than the Senate Banking Committee.
Judy Shelton of California and Christopher Waller of Minnesota have been nominated for 2 open governor positions on the central financial institution.
Shelton is an advisor to Trump who has advocated for a sort of gold customary and has mentioned in interviews over the previous a number of months that the Fed ought to be slicing rates of interest. Waller is government vp and director of analysis on the St. Louis Fed.
Trump’s Fed pick Judy Shelton faces obstacles to confirmation
Shelton says she doesn’t want to ‘pull the rug out’ from under the stock market
Here’s a break down of Trump’s Fed pick Judy Shelton’s views on monetary policy