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Judy Shelton is about to take a seat at the Federal Reserve



Judy Shelton now seems to have enough Republican support to support her controversial nomination to the Federal Reserve Board of Governors.

Senate Majority Leader Mitch McConnell (Mitch McConnell) said on Thursday that he will tell reporters in Senator Lisa Merkowski (R-Alaska) that she will now support President Donald Trump’s After the economic adviser, Shelton’s name was raised to the Senate.

According to multiple news media reports, Merkowski told reporters on Thursday afternoon: “I have the opportunity to talk to Judy Shelton, and I will support her.”

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Although the Judiciary Committee passed the election by a small vote of 13 to 13, Sheldon’s nomination was shelved in the Senate. Several major Republicans have been vacillating in support, and it seems that for some time, this nomination was unclear before the closing of this Congress.

At the controversial July hearing, senators were skeptical of Shelton’s views on the independence of the Fed, support for the gold standard, and whether bank deposits should be insured.

The Democratic senator accused Shelton of not supporting her earlier statement on these issues.

Her co-nominator, St. Louis Federal Reserve Executive Vice President Christopher Waller (Christopher Waller) faced much easier difficulties and was approved by the committee by a vote of 18 to 7.


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