Catherine Rampell: Judy Shelton is a dangerous pick for the Fed board
Let's say you are deciding between two models of Federal Reserve candidates. One has no fixed principles and embraces whatever is most politically expedient; the other has a blind commitment to a dangerously wrong set of beliefs.To borrow from "Hamilton": I know it's lose-lose, but if you had to choose?Or maybe you don't. Because with Judy Shelton, you can get both.Last week, President Trump announced plans to fill two vacant Fed slots with Shelton, now U.S. executive director at the European Ba
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