White House considers economist Judy Shelton for seat on Federal Reserve
-- The White House is considering conservative economist Judy Shelton to fill one of the two vacancies on the Federal Reserve Board of Governors that President Donald Trump has struggled to fill.
She declined a request for comment, but on Saturday responded “Thank you, sir” to a tweet from Representative Jim Banks, Republican of Indiana, saying she’d be a “great pick” for the central bank.Shelton, who’s served as an informal adviser to Trump, holds a Ph.D. in business administration with an emphasis on finance and international economics from the University of Utah.
Conservative economic pundit Stephen Moore on May 2 was the latest Fed candidate to flame out, following businessman Herman Cain and economists Nellie Liang and Marvin Goodfriend. Moore and Cain withdrew before being formally nominated. Liang and Goodfriend were nominated in 2018. Goodfriend wasn’t renominated this year and Liang withdrew in the face of tepid enthusiasm for them among Senate Republicans and Trump himself.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
White House instructs McGahn not to comply with Democrats' subpoenaThe White House has instructed former White House Counsel Don McGahn not to comply with a subpoena for documents from House Judiciary Chairman Jerry Nadler, teeing up the latest in a series of escalating oversight showdowns between the Trump administration and congressional Democrats.
Read more »
House Democrats demand White House documents on federal response to Puerto Rico disasterDemocrats are asking for emails related to the 'discovery of mass graves in Puerto Rico.'
Read more »
Trump’s tweet derails House bill opposed by lobbyist with close White House tiesMatthew Schlapp is lobbying for the operator of two casinos that could lose business if H.R. 312 is passed. Schlapp’s wife, Mercedes, is White House strategic communications director.
Read more »
The House is using the courts to challenge the White House, but to an uncertain endA host of court actions center on constitutional powers of the executive and legislative branches.
Read more »
Trump investigations: A list of ongoing battles with CongressThe White House has repeatedly rebuffed House Democrats’ oversight demands, from requests for Trump’s taxes to testimony from the former White House counsel. Here are the major battles being waged and where they stand:
Read more »
WH instructs former counsel not to comply with congressional subpoenaBREAKING: White House sends letter to lawmakers, indicating that former White House counsel Don McGahn was instructed by White House not to comply with a subpoena from House Democrats for documents related to Mueller probe, until an agreement is reached.
Read more »
WH to instruct former counsel Don McGahn not to comply with congressional subpoenaNEW: The White House will instruct former White House counsel Donald McGahn not to comply with a subpoena from House Democrats for documents related to the Mueller investigation, according to press secretary Sarah Sanders.
Read more »
White House to instruct former counsel Don McGahn not to comply with congressional subpoenaThe White House will instruct former White House counsel Donald McGahn not to comply with a subpoena from House Democrats for documents related to the special counsel Robert Mueller's investigation, according to White House press secretary Sarah Sanders. “I don’t anticipate that that takes place
Read more »
White House instructs former counsel Don McGahn not to comply with congressional subpoenaThe White House has instructed former White House counsel Donald McGahn not to comply with a subpoena from House Democrats for documents related to special counsel Robert Mueller's investigation, according to a letter sent Tuesday from White House counsel Pat Cipollone to McGahn's attorney William
Read more »