Trump Nominates Gold Advocate to Federal Reserve

President Donald Trump has formally nominated Judy Shelton, a liberty-minded advocate of sound money, to one of the open spots on the Federal Reserve Board. It is possible she is being considered as Fed chief, sources say. 

The news sparked celebrations among free market-oriented economists and patriots, who spoke of adding some intellectual diversity to the board. But her nomination has also stoked concerns among establishment figures from the media to Congress. 

Trump has repeatedly expressed support for an honest monetary system, but this may be his most significant move aimed at actually bringing about some degree of monetary reform. Now the battle heads to the U.S. Senate.

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