Senate Banking Committee to Consider Controversial Fed Board Pick

American Banker, July 10, 2020–Neil Haggerty (subscription)
The committee will vote July 21 on the nomination of Judy Shelton, who has been an economic adviser to President Trump and whose views have aroused concerns among both Democrats and Republicans. The committee will also vote on the nomination of Christopher Waller, research director at the Federal Reserve Bank of St. Louis, for another Fed board seat.