Senate Set to Review Judy Shelton’s Nomination for Federal Reserve Governor

The Senate Banking Committee will hold a hearing on September 4th at 10 p.m. Beijing time to assess Judy Shelton’s nomination for a Federal Reserve Governor position. Shelton, nominated by former President Trump, has sparked debate with her views on monetary policy that include advocating for the gold standard and questioning the Federal Reserve’s independence. This hearing is particularly significant as it could influence market dynamics, especially in cryptocurrency and Treasury investments, pending confirmation.