FEDERAL RESERVE/NOMINATIONS/TRUMP AS PRESIDENT/TRUMP PEOPLE: “The Trump administration is vetting Judy Shelton, a conservative economist and former Trump campaign adviser, for a seat on the Federal Reserve Board, according to people familiar with the matter, putting the longtime Fed critic one step closer to a leadership role at an institution she would like to drastically change. Ms. Shelton, 64, was recently interviewed by Larry Kudlow, the director of the National Economic Council, but has yet to meet with President Trump. If nominated and confirmed, Ms. Shelton would take one of two open positions on the seven-member board of governors in Washington. Two of Mr. Trump’s would-be nominees, Herman Cain and Stephen Moore, were withdrawn from consideration after Republican lawmakers made clear they would not support their nominations given concerns about their past treatment of, or statements about, women. Ms. Shelton, now the United States executive director of the European Bank for Reconstruction and Development, previously advised Mr. Trump during his presidential campaign and served on his transition team.”
–Jeanna Smialek, “Trump Team Vets Fed Critic for Board Seat,” The New York Times online, May 21, 2019