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Biden withdraws Judy Shelton's Fed nomination
The Hill via MSN ^ | 2/5/21 | Sylvan Lane

Posted on 02/05/2021 2:53:40 AM PST by DoodleDawg

President Biden on Thursday formally withdrew Judy Shelton's nomination to the Federal Reserve Board, closing the book on her quest to join the central bank.

Shelton's nomination was withdrawn with more than two dozen other officials nominated by former President Trump in January shortly before he left office.

The Democratic takeover of the Senate in January effectively ended Shelton's chances of confirmation, and Biden's withdrawal of her nomination does little more than clear the way for his eventual pick to fill the final vacant spot on the Fed board.

Biden has not yet indicated who he would nominate in Shelton's place.

(Excerpt) Read more at msn.com ...


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: biden; fed; federalreserve; joebiden; judyshelton

1 posted on 02/05/2021 2:53:40 AM PST by DoodleDawg
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To: DoodleDawg

Judy Shelton avors restructuring the FED. The Deep State does not. But this is not the last you will hear about her. The best is yet to come.


2 posted on 02/05/2021 3:52:06 AM PST by View from the Cheap Seats
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To: DoodleDawg

Joe Biden ain’t pickin nobody! Biden’s pickers hidden behind curtain No. 2 are doing the picking. The pickers haven’t yet told Biden who to pick. I bet if tomorrow morning when Joe first wakes up, if he is asked who Judy Shelton is he won’t have a clue.


3 posted on 02/05/2021 5:15:39 AM PST by Saltmeat (69)
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To: DoodleDawg

Someone for the love of God tell Biden there is no Federal Reserve. It was dissolved and folded into the Treasury Department last year.


4 posted on 02/05/2021 7:09:15 AM PST by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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To: Georgia Girl 2
Someone for the love of God tell Biden there is no Federal Reserve. It was dissolved and folded into the Treasury Department last year.

Was it now? I must have missed that but then again I don't keep up with Q.

5 posted on 02/05/2021 7:25:21 AM PST by DoodleDawg
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To: Georgia Girl 2

FYI

The seven members of the Board of Governors of the Federal Reserve System are nominated by the President and confirmed by the Senate. A full term is fourteen years. One term begins every two years, on February 1 of even-numbered years. A member who serves a full term may not be reappointed. A member who completes an unexpired portion of a term may be reappointed. All terms end on their statutory date regardless of the date on which the member is sworn into office.

The Chairman and the Vice Chairman of the Board are named by the President from among the members and are confirmed by the Senate. They serve a term of four years. A member’s term on the Board is not affected by his or her status as Chairman or Vice Chairman.

https://www.federalreserve.gov/aboutthefed/bios/board/default.htm


6 posted on 02/05/2021 7:30:51 AM PST by deport
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To: deport

I got news for you. You know when a cicada sheds its exoskeleton and you see it sitting on a branch? That’s the Federal Reserve. Its an empty shell. Trump just hasn’t put it in the lawn bag yet. In the last four years Trump has built a new financial platform for the roll out of the quantum currency which will be backed by gold,silver and platinum. Its going to be incredible.

Probably not Biden but his string puller Obama knows what’s what. The reason they are trying to make Yelled the head of Treasury is because she used to be the Fed chair and they are hoping she can figure out how to salvage the Fed.

Yes I know we are all prisoners of the evil communist takeover. The end is near. Blah, blah, blah. Wait 30-60 days and get back to me.


7 posted on 02/05/2021 7:43:00 AM PST by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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To: Georgia Girl 2

You’re delusional.

L


8 posted on 02/05/2021 7:48:16 AM PST by Lurker (Peaceful coexistence with the Left is not possible. Stop pretending that it is. )
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To: DoodleDawg
Biden's withdrawal of her nomination does little more than clear the way for his eventual pick to fill the final vacant spot on the Fed board. Biden has not yet indicated who he would nominate in Shelton's place.

Is Karl Marx available?

9 posted on 02/05/2021 7:50:02 AM PST by 1Old Pro
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To: Georgia Girl 2

Well it still exist. It’s control may have been altered. So an
appointment is still valid and that is the topic of the news.

You have a blessed day.......


10 posted on 02/05/2021 7:54:25 AM PST by deport
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