President Trump intends to nominate Christopher Waller and Judy Shelton to fill the two vacant posts on the Federal Reserve Board of Governors, according to a White House memo released to the press Thursday evening.
Both have been rumored to be candidates for the two open seats, with rumors about Shelton's candidacy inspiring an intense discussion over her reputation as a "gold bug" and opponent of liberal central bank monetary policies. In the past, she has advocated a return to the gold standard. She currently serves as the US director for the European Bank of Reconstruction and Development.
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