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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsBREAKING: Judy Shelton's nomination to serve on the Federal Reserve has been stalled
Link to tweet
Police cars revolving lightBREAKING: Judy Sheltons nomination to serve on the Federal Reserve has been stalled after VP-elect Kamala Harriss major vote in the Senate. The final vote was 47-50, a major defeat for Trump.
With Mark Kelly being confirmed in the Senate in a few weeks and three GOP Senators against her confirmation, it is now extremely unlikely that Judy Shelton will join the Federal Reserve.
Guy Whitey Corngood
(26,505 posts)CatWoman
(79,302 posts)Jim__
(14,083 posts)hlthe2b
(102,361 posts)Lonestarblue
(10,075 posts)McConnell is evil enough to not care how many incompetent people he puts on the courts or in a long-term position that could help wreck the FED.
mr_lebowski
(33,643 posts)Senate Repukes love Trump ... but they love $$$ more.
Putting a whackadoodle on the Fed Reserve Board was a bridge too far for them.
Bigwig donors probably called and said ... ummmm ... no.
There's politics ... and then there's monetary policy.
octoberlib
(14,971 posts)Link to tweet
?s=20
Cha
(297,658 posts)ae against Shelton? TY!
Thekaspervote
(32,793 posts)Hey Cha...hi!!
Cha
(297,658 posts)and was coming back here to say never mind I just read about it.
So why is the gold standard a bad thing?.. I know nothing about it.. sorry!
Midnight Writer
(21,799 posts)She wants to completely remake our monetary policy to fit into an "originalist" agenda.
My question is why would anyone, Republican or Democrat, support her.
Cha
(297,658 posts)nothing about the Fed Reserve & the Gold Standard.
But she's a trump freak so she has no morals for one thing.
Midnight Writer
(21,799 posts)It does help simplify things, though.
Cha
(297,658 posts)who want to tear down America's institutions like the USPS, Social Security, Healthcare, etc etc etc.
yellowcanine
(35,701 posts)If it is "didn't vote" this nomination is probably dead.
DrToast
(6,414 posts)They will try again when they are back. This isn't over.
greenjar_01
(6,477 posts)LOSER.