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Business

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

CNBC · October 9, 2026 at 9:09 AM

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

Shelton's controversial economic ideas led the Senate to block her nomination to the Fed.

Now she's going to be a counselor to the Treasury secretary.

Read the full article on CNBC ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.cnbc.com — the content belongs to CNBC.

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