US Treasury Secretary Scott Bessent hired Judy Shelton as adviser. CNBC reported the move on Oct 9, 2026. The hire brings Trump’s controversial former Federal Reserve Board nominee into Treasury.
💡 Frequently Asked Questions (FAQ)
- Q: Who hired Judy Shelton as adviser?
- A: US Treasury Secretary Scott Bessent hired Judy Shelton as adviser, reported by CNBC on Oct 9, 2026.
- Q: Why is Judy Shelton considered controversial?
- A: She was Trump’s former Federal Reserve Board nominee who faced Senate opposition over her gold-standard views and unconventional monetary policy stances.
- Q: What does this hire mean for Treasury policy?
- A: It signals potential influence for hawkish, pro-gold monetary views inside Treasury and a closer link between the administration and former Trump Fed picks.