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    Treasury's Bessent hires Trump's controversial former Fed board pick, Judy Shelton, as adviser

    CNBC
    October 9, 2026
    via CNBC

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    Treasury's Bessent hires Trump's controversial former Fed board pick, Judy Shelton, as adviser

    Shelton's controversial economic ideas led the Senate to block her nomination to the Federal Reserve. Now she's be a counselor to the Treasury secretary.

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