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

Economy CNBC By CNBC 09 Oct 2026 12:49 1 min read
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. Now she's going to be a counselor to the Treasury secretary.

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