The Man Who Didn’t Want to Be a Trump Fed Governor
- Marc Sumerlin didn’t want to be nominated alongside Shelton
- Shelton, Waller have awaited Senate approval for 15 months
The Marriner S. Eccles Federal Reserve building in Washington, D.C.
Photographer: Andrew Harrer/BloombergOne June morning in 2019, the White House called economist Marc Sumerlin.
President Donald Trump had a pair of vacancies to fill on the Federal Reserve’s Board of Governors, and Sumerlin, a former aide to President George W. Bush, was a candidate for one of them.