The US Treasury has appointed Judy Shelton as an adviser to Treasury Secretary Scott Bessent, CNBC reported. Shelton, who will provide advice on monetary policy, was previously rejected by the Senate in 2019 for a Federal Reserve Board seat. Her fail

2026-10-09

The US Treasury has appointed Judy Shelton as an adviser to Treasury Secretary Scott Bessent, CNBC reported. Shelton, who will provide advice on monetary policy, was previously rejected by the Senate in 2019 for a Federal Reserve Board seat. Her failed nomination drew bipartisan opposition over her views on Federal Reserve independence, support for a return to the gold standard, and public questioning of whether the US needs a central bank. She previously held roles at free‑market research institutes and the Hoover Institution.