Trump Fed Nominee Backs Policies That Would Crash The Economy

  • 📰 Forbes
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 53%

United States Headlines News

United States Latest News,United States Headlines

Donald Trump is really scraping the bottom of the barrel when it comes to his remaining Federal Reserve nominees—and he doesn't seem to understand what their individual views on monetary policy actually mean.

Take his latest pick, Judy Shelton, chosen after the attempted appointment offollowing footage of him making incredibly misogynistic and racist comments.

Here's Shelton, who supposedly already reportedly advises Trump informally , in a recent CATO Institute paper on the issue. She's not just criticizing Fed policy from a hawkish standpoint. Shelton is actually questioning our entire monetary regime, the legitimacy of the dollar as a self-standing currency:

"If the United States does nothing to restore a rules-based approach to international monetary relations, our values come into question. We lose credibility by failing to challenge an international monetary anti-system that condones cheating by governments and central banks."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

All the Democrate candidates back policies that would crash the economy.

Is he, or are you just saying that because you don't like orange bad man. I really can't tell anymore. That's where your credibility is with me.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Romney votes against Trump judicial nominee citing comments 'disparaging of President Obama'Sen. Mitt Romney of Utah broke with President Trump as the lone GOP senator to vote against Michael Truncale to be a district court judge in Texas, citing Truncale's comments 'disparaging of President Obama' in 2011 in explaining his vote ChrisCuomo ChrisCuomo Soon, Barr will nominate another Prosecutor to investigate the investigation by John Durham who’s investigating the investigation of Russia interference..There’ll be so many investigations,the same person might endup being nominated to investigate himself ChrisCuomo Poooor Barack...while 9th circuit spitted on Trump for 2.5 years
Source: CNN - 🏆 4. / 95 Read more »

Trump nominee to lead FAA Dickson faces safety questions on Capitol HillPresident Donald Trump’s nominee to lead the FAA Stephen Dickson will appear before the Senate Commerce Committee to mark the beginning of his confirmation process.
Source: USATODAY - 🏆 100. / 63 Read more »

Senate backs Trump judicial pick who disparaged ObamaWASHINGTON (AP) — The Senate has confirmed a new federal judge in Eastern Texas, despite comments he made disparaging former President Barack Obama. Surprised Good. He wasn’t wrong. sounds fair and impartial to me - yeah the courts will be a disaster for the next 40 years
Source: YahooNews - 🏆 380. / 59 Read more »

Steve Bannon says 'no chance' Donald Trump backs down over China's 'economic war''I think it's going to set the framework for the 2020 election. This is as important as it gets,' said the former White House chief strategist. We completely expect it will be still well underway when we go to vote him out in Nov 2020. Any chance Trump will ask his war mongering generals to back off from starting yet another war in the middle east, i.e. against Iran? Mostly bc HE has NOTHING to lose himself and everyone knows how much he cares about anyone else
Source: Newsweek - 🏆 468. / 52 Read more »

Opinion | International Law Backs The Trump Golan PolicyOpinion: President Trump’s recognition of Israeli sovereignty over the Golan Heights is entirely consistent with the U.N. Security Council’s Resolution 242, write SecPompeo and USAmbIsrael SecPompeo USAmbIsrael Very good of President Trump. America is the only country that has done something very good for Israel all EU and other countries are either bullied for trying or just don’t care and support terrorists SecPompeo USAmbIsrael It may be consistent but sure was stupid to give up your best bargaining chip for peace talks. SecPompeo USAmbIsrael The only consistent thing is SecPompeo doesn’t know his head from his ass
Source: WSJ - 🏆 98. / 63 Read more »

Trump could get his Fed rate cut after all, but not for the right reasonsAs the trade war heats up, the potential for the Federal Reserve to cut interest rates is rising. We need all tools to fight China. Loser build it in America. Pay more hire Americans. federalreserve Hah! Where are we in the market dependence index? L-O-L. 16X next year's earnings isn't a long term issue. It's 'transient' I know word search is how they TRADE, it's not an investment strategy. Priced in a 70% chance rate cut by December? You scumbags. Convexity is a beautiful thing. $vglt
Source: CNBC - 🏆 12. / 72 Read more »

Motorcycle police in Trump motorcade in accident, Trump limo unaffectedThe White House said the three motorcycle officers were being treated at a hospital and none was hurt seriously. Trump's motorcade slowed down as it passed the site of the accident in Lake Charles, Louisiana, and reporters in a press car saw at least two officers on the ground and injured. Trump I guess they can't handle the Big Bikes? Get 'em dirt bikes!!
Source: YahooNews - 🏆 380. / 59 Read more »

The Trump campaign doesn't want this pro-Trump super PAC's helpThe Trump campaign is continuing its unprecedented fight to ensure the president's deep-pocketed supporters know that there’s only one approved pro-Trump PAC in 2020. Oh, he was stroking white supremacists. Better headline 'Trump SAYS......' Because we know Trump is lying... like always. B.S. Trump wants them to spend money on him. He lies.... a lot.
Source: ABC - 🏆 471. / 51 Read more »

Trump pardons ex-media mogul Conrad Black, who wrote flattering biography of TrumpPresident Trump pardons ex-media mogul Conrad Black, who wrote flattering biography entitled 'Donald J. Trump: A President Like No Other'. Keep draining that swamp Donald. Good for him. Just here to read the leftist crying
Source: NBCNews - 🏆 10. / 86 Read more »

Author of flattering Trump biography gets pardon from TrumpWASHINGTON (AP) — President Donald Trump on Wednesday granted a full pardon to Conrad Black, a former newspaper publisher who has written a flattering political biography of Trump. You've chosen such an unfair, distracting headline such that your editor needs a deliberate and factual re-education of basic journalism. Pssst ... He's also a white supremacist
Source: YahooNews - 🏆 380. / 59 Read more »

Trump lawyers, Barr argue Trump can't be investigated, prosecutedRachel Maddow reports on arguments put forth by Trump lawyers, White House counsel, and A.G. William Barr that Congress cannot investigate the president for crimes, nor can a president be charged, essentially making the legal argument for Donald Trump proverbially shooting someone on 5th Avenue. Barr and trump's lawyer is the same person ah OK, so we have a king after all. Didn't know that (Because it's bullshit) 'Rule of Law' Republicans, my big ol' white butt.
Source: MSNBC - 🏆 469. / 51 Read more »