Really. Stupid is as stupid does.
Can't erase HISTORY, dumb fucks.
Trump Nominee Judy Shelton Moves a Big Step Closer to Joining Fed Board
By Christopher Condon
and Laura Davison
July 21, 2020, 1:21 PM CDT Updated on July 21, 2020, 1:52 PM CDT
Judy Shelton, President Donald Trump’s contentious pick for the Federal Reserve’s Board of Governors, cleared a key hurdle to confirmation by winning the approval of a majority on the Senate Banking Committee.
She was backed in a party-line vote Tuesday, 13-12. The committee also voted in favor of Fed nominee Christopher Waller, currently director of research at the St. Louis Fed. His nomination passed 18-7.
Shelton who has drawn sharp criticism for her unorthodox views on monetary policy and for her sudden willingness to espouse an approach that hews with the president’s could still fall short before the full Senate, where four Republican defections could block her confirmation. Utah’s Mitt Romney has already said he has “concerns” about the nomination.
Some Shelton critics have warned that Trump might elevate her to replace Jerome Powell when his term ends in 2022, imperiling the independence of the U.S. central bank. That’s assuming the president wins re-election in November and is unhappy with his current Fed chair, whom he’s recently praised after years of harsh criticism for too-tight policy.
Committee chair Mike Crapo, Republican of Idaho, said Shelton had affirmed in writing that she believed in Fed independence and that diverse views were important for monetary policy.
Ranking Democrat Sherrod Brown of Ohio in turn issued a scathing critique of Shelton, calling her a “dangerous pick” who represents “a threat to our economy, our democracy, and our country.”
If Senate Majority Leader Mitch McConnell is confident he has 50 Republican votes in hand, he has the power to call a vote before the Senate recesses for its August break.
https://www.bloomberg.com/news/articles/2020-07-21/trump-pick-shelton-moves-a-big-step-closer-to-joining-fed-board
Anyone Romney does not like wins my vote.