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Economics

Treasury's Bessent hires Trump's controversial former Fed board pick, Judy Shelton, as advisor

October 9, 2026 CNBC Economy 1 min read
CNBC Economy · Center
Treasury's Bessent hires Trump's controversial former Fed board pick, Judy Shelton, as advisor

Shelton’s controversial economic ideas led the Senate to block her nomination to the Fed. Now she’s going to be a counselor to the Treasury secretary.

Source: CNBC Economy

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