The Senate voted Tuesday to block the confirmation of Trump nominee Judy Shelton to the board of the Federal Reserve. The 47-50 vote came after two Republican senators missed the vote — Chuck Grassley, who has COVID-19, and Florida’s Rick Scott, who is quarantining after exposure to the virus — and two Republicans sided with Democrats: Mitt Romney and Susan Collins. Lamar Alexander was not present for the vote. Majority Leader Mitch McConnell changed his vote to “no,” a procedural maneuver that gives him the chance to bring her nomination up again later. Shelton has criticized the Fed’s independence and has advocated returning to the “gold standard” — a controversial monetary system where the value of the dollar would be directly linked to gold. She has also been condemned for changing her views to line up with Trump’s and for regularly scheduling press interviews at the Trump Hotel.
Senate Blocks Confirmation of Trump Nominee Judy Shelton to Federal Reserve Board
HeadlineNov 18, 2020
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