Senate Blocks Fed Nominee Who Wants Return to Gold Standard
Since former Federal Reserve Chair Janet Yellen retired in February 2018, her seat on the agency’s seven-member Board of Governors has been vacant. And President Trump’s nominee to replace Yellen—gold standard advocate Judy Shelton—is having a difficult time getting confirmed. Her nomination failed to proceed on a 47-50 vote today. Shelton, whose last position was […]