Global EconomyCNBC•1 min read•10/9/2026 (2h ago)

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

Treasury's Bessent hires Trump's controversial former Fed board pick, Judy Shelton, as adviser
60-Word AI Digest

Treasury's Bessent hires Trump's controversial former Fed board pick, Judy Shelton, as adviser. Reporting by CNBC highlights major developments in this space as key stakeholders evaluate broader implications. Further data and contextual analysis are actively being published. Access the full coverage dispatch below for complete documentation.

Key Takeaways

  • 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.
  • Full details and original dispatch available below.

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.

Original Publisher Attribution

This summary was curated from CNBC.

Read Original on CNBC
Treasury's Bessent hires Trump's controversial former Fed board pick, Judy Shelton, as adviser — Loop60