Controversial Trump Fed nominee Judy Shelton headed toward Senate floor vote
By Nihal Krishan
November 12, 2020 - 3:24 PM
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A controversial Trump Federal Reserve nominee, who has backed a gold standard, is likely to get a vote on the Senate floor next week after Majority Leader Mitch McConnell filed cloture on her nomination Thursday.
President Trump announced his intention to nominate Shelton to the Fed's Board of Governors on July 3, 2019.
Republican Sen. John Cornyn of Texas said Thursday that Shelton could get a Senate floor vote "as early as next week."
Shelton has generated opposition for her pointed criticisms of the Fed and her advocacy for a return to the gold standard as a monetary system
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