Bessent Appoints Former Fed Pick Judy Shelton as Treasury Counselor

US Politics12 days ago

Judy Shelton has joined the Office of the Secretary at the U.S. Treasury Department in a strategic advisory capacity. Treasury Secretary Scott Bessent announced the appointment on Friday, naming Shelton as a counselor to provide guidance to the agency's top leadership.

Shelton was previously selected by Donald Trump for a seat on the Federal Reserve Board, a nomination that drew criticism and was described as controversial. Her entry into a senior role at the Treasury allows her to advise on fiscal policy after the earlier nomination did not proceed.

Mapped to your portfolio

Possible scenarios

42%Symbolic Advisory Role+0.2%
25%Hard-Money Agenda-0.5%
22%Fed Clash Escalates-0.4%

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.

Looking for more context or analysis?

Tilt chat provides reliable, tailored insights, alerts, and automations.

Bessent Appoints Former Fed Pick Judy Shelton as Treasury Counselor

In this story

Judy Shelton United States Department of the Treasury Scott Bessent Federal Reserve Board of Governors Donald Trump

Portfolio

SPY
State Street SPDR S&P 500 ETF Trust
100%

Portfolio

SPY
State Street SPDR S&P 500 ETF Trust
100%

Mapped to your portfolio

Possible scenarios

42%Symbolic Advisory Role+0.2%
25%Hard-Money Agenda-0.5%
22%Fed Clash Escalates-0.4%

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.