Judy Shelton Lacks Confirmation Votes for Fed Board, Thune Says

  • Nominee would be blocked if four Republicans vote against her
  • Trump pick has expressed policy views outside the mainstream
Watch: Judy Shelton, President Donald Trump’s nominee for the Federal Reserve board, doesn’t yet have enough support in the Republican-controlled Senate to win confirmation.(Source: Bloomberg)
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Judy Shelton, President Donald Trump’s controversial nominee for the Federal Reserve board, doesn’t yet have enough support in the Republican-controlled Senate to win confirmation, said Senator John Thune, the chamber’s No. 2 GOP leader.

Shelton -- who’s drawn significant criticism for policy views outside the mainstream -- remains a priority for the White House, Thune told reporters at the Capitol. Republican leaders will move forward on her nomination before the November election if she can gain the 51 votes needed, he said.