Why the Federal Reserve Needs Trump Nominee Judy Shelton

Why the Federal Reserve Needs Trump Nominee Judy Shelton
AP Photo/Pablo Martinez Monsivais, File

President Trump has nominated distinguished economist, Judy Shelton, to be a member of the Federal Reserve's (Fed) seven-person board of governors. Mrs. Shelton is under attack for her alleged unorthodox views. Elizabeth Warren — who advocates adding trillions of dollars in new federal spending, huge tax increases and massive new regulations — had the gall to call Mrs. Shelton radical.

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