Judy Shelton, Trump’s Former Fed Pick, Joins Treasury as Scott Bessent’s Adviser

Judy Shelton, a former Federal Reserve nominee under President Trump, has joined the US Treasury Department as an adviser to Scott Bessent. This move comes after Shelton's previous roles, including leading the European Bank for Reconstruction and Development and the National Endowment for Democracy. Shelton's experience in international finance and development may bring a new perspective to the Treasury's economic policies. Her involvement could influence the direction of US monetary policy and global economic relations.

Why it matters

Judy Shelton is known for her hawkish views on monetary policy, which could lead to a stronger US dollar. Her appointment as an adviser to the Treasury could influence policy decisions and impact currency markets.

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