Wednesday, October 7, 2026 Global edition
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Business

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.

Black and white photo of the historic Old Stone Bank showcasing classical columns and architectural detail.

Photo: Justin Coonan / Pexels

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