Seven Nobel Winners Sign Letter Opposing Shelton Fed Nomination

Judy SheltonPhotographer: Andrew Harrer/Bloomberg
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A group of more than 100 prominent economists, including seven Nobel Prize laureates, have signed a new open letter to U.S. senators urging them to reject President Donald Trump’s nomination of Judy Shelton to the Federal Reserve’s Board of Governors.

The letter is nearly identical to one published in August by former Federal Reserve officials and staffers. That version now has 70 signatories, including four former regional Fed presidents and a former Fed governor.