The U.S. Senate Banking Committee on Feb. 13 held a hearing for two nominees for the board of the Federal Reserve: Judy Shelton, former U.S. director at the European Bank for Reconstruction and Development, and Christopher Waller, research director at the St. Louis Federal Reserve.
Trump’s two previous choices for the Fed seats, conservative commentator Stephen Moore and businessman Herman Cain, withdrew from consideration in 2019.
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