Nominee Judy Shelton Lacks Confirmation Votes for Fed Board

The transcript discusses the challenges Judy Shelton faces in her confirmation vote for a position at the Federal Reserve. With limited time before Congress adjourns for the election, her nomination is uncertain. John Thune's influence and the potential for a lame duck session are considered. Judy Shelton's economic views, including her past support for the gold standard and her shift in stance on interest rates, are examined. The Senate Finance Committee's concerns about her consistency and alignment with mainstream economic thought are highlighted.

What are the implications if Congress adjourns before Judy Shelton's nomination is confirmed?

What was the main criticism of Judy Shelton during her confirmation hearings?