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Treasury's Bessent hires Trump's controversial former Fed board pick, Judy Shelton, as adviser

Posted on October 9, 2026
By CNBC
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1 min read

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Treasury's Bessent hires Trump's controversial former Fed board pick, Judy Shelton, as adviser

Shelton's controversial economic ideas led the Senate to block her nomination to the Federal Reserve. Now she's be a counselor to the Treasury secretary.