People: Shelton unlikely to have enough votes for Fed role
Judy Shelton’s nomination in doubt; Fed appoints new director of monetary affairs
US: Judy Shelton, the controversial nominee to the Federal Reserve board, still appears not to have gained the support of enough US Senators to be approved for the role.
Senate Republican whip John Thune said Shelton’s backers were still working to gather enough support. Though the Republican party currently holds 53 of the 100 seats in the Senate, some Republicans, including Mitt Romney and Susan Collins, have said they will not vote in favour of Shelton.
“She’s a priority for the White House
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