Trump Fed nominee Judy Shelton withdrawn by Biden: reports
February 5, 2021
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A former economic adviser to former President Trump will not be appointed to the Federal Reserve Board after President Biden withdrew her name from consideration Thursday, according to reports.
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Judy Shelton was nearly confirmed late last year but the process stalled because of coronavirus-related absences of Republican Sens. Rick Scott of Florida and Chuck Grassley of Iowa, and opposition from Republican Sens. Susan Collins of Maine, Mitt Romney of Utah and Lamar Alexander of Tennessee, the Miami Herald reported.
Trump renominated Shelton in January but Republicans were unable to get Shelton confirmed before Democrats took control of the Senate, according to The Hill.