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Senate Republicans fail to present Judy Shelton’s confirmation to Fed



WASHINGTON – Senate Republicans failed to secure enough votes Tuesday to bring out Judy Shelton’s confirmation of a seat on the Federal Reserve’s board as two GOP senators were absent due to coronavirus-related health precautions.

Ms. Shelton, an outspoken critic of the central bank and a close friend of President Trump’s economic adviser Lawrence Cudlow, has faced opposition from three senators in her own party, further weakening her prospects as the confirmation window narrows.

Although …


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