Judy Shelton doesn't have the votes for Senate confirmation - Thune

Author: Adam Button | Category: Central Banks

Comment from GOP Senator Thune

Shelton has been in limbo for months but it looks like her nomination is going to die on the vine. It's a shame because she has great taste in news sources.

Comment from GOP Senator Thune

She's reformed from her gold-standard past but would still be a loose cannon at the FOMC, which would certainly spice things up.

Update: She might not be done yet. "We're still working it," GOP Sen John Thune told Bloomberg's Laura Litvan. "It's the Federal Reserve, it's important so obviously we want to get it done. But we're not going to bring it up until we have the votes to confirm her."

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