Business
Treasury's Bessent hires Trump's controversial former Fed board pick, Judy Shelton, as advisor
Shelton's controversial economic ideas led the Senate to block her nomination to the Fed. Now she's going to be a counselor to the Treasury secretary.
- Published
- (2026-10-09)
- Outlet
- CNBC Markets
- Section
- Business
- Length here
- Headline and 25-word snippet. The full article is at the source.
More from CNBC Markets and around the same time
Car buyers are demanding lower prices and better tech. Automakers must deliver bothBain says tech leads purchase considerations in China while price remains No. 1 in the U.S. and Europe, as pressure mounts on Western carmakers.Economists: Hot PPI shows Fed's work is not done'We see real risks the Fed will deliver another rate hike in two weeks' time,' one Fedwatcher warnsHow high inflation became a 'fact of life' in the U.S.U.S. inflation has stayed elevated for years, raising concern at the Federal Reserve that consumers may come to expect stubbornly high prices.IMF warns bond yields could see a 'disorderly' spike as debt, inflation risks worsenThe IMF says risks in the government bond market have worsened and that yields could jump sharply and disorderly.India’s retail inflation jumps to 5.54% in September, above estimatesIndia inflations jumps for the 11-straight month, raising prospects of a further interest rate hikeAmericans' debt problems are flashing a warning not seen since the Great RecessionResearchers found that while wealth disparities narrowed somewhat, the ability to meet debt payments deteriorated significantly.This page holds the headline and a short snippet as published by CNBC Markets, whose feed they came from. The story itself, the photography and the rights stay with them, and the button above goes straight to their site. We keep this page so the headline has a stable address and a record of when it ran.
