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President To Nominate Shelton, Waller To Fed Board

President To Nominate Shelton, Waller To Fed Board

President Trump will nominate Judy Shelton and Christopher Waller to the two open seats on the Federal Reserve Board of Governors. Shelton is a former adviser to the Trump campaign who has said interest rates should be cut “as expeditiously as possible.” Waller, Research Director at the Federal Reserve Bank of St. Louis, works for St. Louis Fed President James Bullard, the only Fed member who supported lowering the key interest rate in June. 

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