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President Donald Trump on Tuesday said that he intends to nominate
Christopher Waller, the executive vice president at the Federal Reserve Bank
of St. Louis, and Judy Shelton, an economic adviser to the president during
his 2016 campaign, to the Federal Reserve’s board.
The announcement comes after Trump’s earlier nominees, Stephen Moore and
Herman Cain, both withdrew from consideration.
Shelton was earlier speculated to be a pick for the Federal Reserve board.
Shelton has previously said that if appointed, she would lower interest
rates to 0% in one to two years.
President Donald Trump on Tuesday said that he intends to nominate
Christopher Waller, the executive vice president at the Federal Reserve Bank
of St. Louis, and Judy Shelton, an economic adviser to the president during
his 2016 campaign, to the Federal Reserve’s board.
The announcement comes after Trump’s earlier nominees, Stephen Moore and
Herman Cain, both withdrew from consideration.
Shelton was earlier speculated to be a pick for the Federal Reserve board.
Shelton has previously said that if appointed, she would lower interest
rates to 0% in one to two years.