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Senate blocks Trump Fed nominee Judy Shelton

It seems that Shelton's chances at joining the Federal Reserve’s Board of Governors are narrowing.
Judy Shelton, nominee for the Federal Reserve's Board of Governors.
Sarah Silbiger/Getty Images

Trump Fed nominee advances in Senate despite support for gold standard

Jul 21, 2020
Judy Shelton's unpopular view sheds light on why the U.S. and most other economies abandoned linking their currencies to gold
Once upon a time, gold was the currency of the United States.
Mario Tama/Getty Images