2/13, 10:13 PM (Source: TeleTrader)
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Trump's Fed pick expected to withdraw - sources

President Trump is expected to withdraw his nomination of Judy Shelton (pictured) to serve on the Federal Reserve Board after senators from both sides of the aisle voiced concerns over her nomination, sources close to several Republican senators told the Hill on Thursday.

Shelton, a former adviser to the Trump campaign, raised brows among both Republicans and Democrats due to her controversial stances on the Federal Reserve's independence and core principles of monetary policy such as the idea of tieing the value of US dollar's to that of gold.

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