Fed Nominee Shelton Draws Senate Republican Concerns

As we pointed out here last week, some resistance is brewing to President Donald Trump’s recent nomination of economist Judy Shelton to the Federal Reserve’s board of governors.

Shelton, once U.S. envoy to the European Bank for Reconstruction and Development and an informal Trump advisor to his 2016 campaign, has pushed for returning to some kind of gold standard, a relatively unorthodox view among economists. Shelton appears to be somewhat lukewarm on Fed’s independence from the execu...

Finish reading this report for free

Enter your email and we’ll send the paywall-free link directly to your inbox

In addition to your unlocked report, you will receive our weekly market newsletter FSI Snapshot, as well as occasional updates and offers from FS Insight. You can unsubscribe at any time. For more information, see our privacy policy.

Get unlimited access to Tom Lee’s Fundstrat research Subscribe
Already a member? Log in
Disclosures (show)

Get invaluable analysis of the market and stocks. Cancel at any time. Start Free Trial

Articles Read 2/2

🎁 Unlock 1 extra article by joining our Community!

You are reading the last free article for this month.

By continuing, you agree to the Terms of Service and Privacy Policy.

Already have an account? Sign In

Trending tickers in our research

Get invaluable analysis of the market and stocks. Cancel at any time. Start Free Trial

Articles Read 2/2

🎁 Unlock 1 extra article by joining our Community!

You are reading the last free article for this month.

By continuing, you agree to the Terms of Service and Privacy Policy.

Already have an account? Sign In