Economics

Trump Fed Nominee Judy Shelton Faces Doubts Among GOP Senators

Shelton is one of two picks by President Trump for Fed board
Senate committee also considering Chris Waller’s nomination

WATCH: Fed Board nominee Judy Shelton says “no one tells me what to do.”(Source: Bloomberg)

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By Craig Torres, Christopher Condon, and Erik Wasson

February 13, 2020 at 2:30 PM UTC

Updated on

February 14, 2020 at 3:24 AM UTC

This article is for subscribers only.

President Donald Trump’s pick for the Federal Reserve Board, Judy Shelton, came under fire from Republican lawmakers on Thursday, signaling trouble ahead for her nomination.

Speaking to reporters after a Senate Banking Committee hearing on her appointment, Senators Richard Shelby from Alabama, Patrick Toomey from Pennsylvania and John Kennedy from Louisiana all said they had not decided if they would vote for her confirmation.