Treasury's Bessent hires Trump's controversial former Fed board pick, Judy Shelton, as advisor
Shelton's controversial economic ideas led the Senate to block her nomination to the Fed.
CNBC reports: Shelton's controversial economic ideas led the Senate to block her nomination to the Fed.
Now she's going to be a counselor to the Treasury secretary.
This business story centres on the United States. Names and organisations mentioned in the coverage include Fed, Treasury's Bessent and Trump.
Why it matters
Business and economic news can ripple through prices, jobs, investments and household budgets.
Key details
- Location
- United States · Americas
- Reported by
- CNBC
- First reported
- Key names
- Fed, Treasury's Bessent, Trump, Judy Shelton
- Section
- Business
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