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

Source: cnbc October 9, 2026 · 04:50
Treasury's Bessent hires Trump's controversial former Fed board pick, Judy Shelton, as adviser
Photo by Markus Winkler · Pexels
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Shelton's controversial economic ideas led the Senate to block her nomination to the Federal Reserve. Now she's be a counselor to the Treasury secretary.
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The Consumer News and Business Channel (CNBC) is an American business news channel owned by Versant. The network broadcasts live business news and analysis programming during the morning, daytime business day, and early-evening hours, with the remaining hours filled by business-related documentaries and reality television programming, as well as occasional sports presentations from USA Sports. CNBC operates an accompanying financial news website, CNBC.com, which includes news articles, video and…

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