Haven’t seen much coverage of this, but this woman is truly SCARY (bolding mine)
GOP senators face new loyalty test: Whether to approve Trump’s controversial Fed nominee Judy Shelton
An outspoken critic of the Federal Reserve, Shelton is best known for her controversial views on monetary policy. She has suggested that the United States does not need a fully independent central bank and has advocated for the nation to return to something akin to the gold standard…
Although much media attention has focused on Shelton’s views about gold, the banking community is more alarmed by her desire to end federal deposit insurance…
Sen. Mike Crapo (R-Idaho), chair of the banking committee, is moving quickly to push through the nominations, which has alarmed some in the industry who would prefer a well-vetted process. “This fast tracking of the Shelton nomination is mind boggling. It is as if they have not read anything she has said,” tweeted Diane Swonk, chief economist at Grant Thornton. “She is not only unqualified, she is dangerous. She has advocated policies removing deposit insurance and policies that would undermine community banking.”