Economics
Trump’s Fed Pick Judy Shelton Cast Doubt on Central Bank Independence
- Economist had private interview with UBS’s Siegenthaler at IMF
- Shelton said Trump’s public Fed criticisms are ‘healthier’
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Judy Shelton, one of President Donald Trump’s most recent picks for the Federal Reserve board, challenged an article of faith regarding the U.S. central bank in private comments to a bank executive last month: that it should operate free of political influence.