Daily Market Updates: Judy Shelton tapped as advisor to Treasury Secretary Bessent

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Judy Shelton tapped as advisor to Treasury Secretary Bessent

Reported · Written up by our desk · Economy

CNBC Economy reports that Judy Shelton, a former Federal Reserve board nominee with controversial economic views, has been hired as an advisor to Treasury Secretary Bessent.

The outlet says Shelton’s ideas were controversial enough that the Senate blocked her nomination to the Fed.

CNBC Economy adds that Shelton will serve as a counselor to the Treasury secretary in her new role.

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CNBC EconomyTreasury's Bessent hires Trump's controversial former Fed board pick, Judy Shelton, as advisor

Bonds & Rates

Judy Shelton tapped as advisor to Treasury Secretary Bessent

More like this

Sources

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