Treasury's Bessent hires Trump's controversial former Fed board pick, Judy Shelton, as adviser
CNBC Markets· Oct 9, 2026 · 11:50 AM
Shelton's controversial economic ideas led the Senate to block her nomination to the Federal Reserve. Now she's be a counselor to the Treasury secretary.
This is a summary. Read the complete story at CNBC Markets below.
Read full article at CNBC MarketsRelated Stories
marketsabout 1 hour ago
Aging bull: Why this 4-year-old stock-market rally still packs a punch
History shows bull markets that get past their fourth year rarely throw in the towel, according to Truist Advisory Services.
MarketWatch
marketsabout 3 hours ago
Is iPhone 18 demand cooling off? Here’s how deep Apple reportedly is cutting component orders.
Component orders for the iPhone 18 Pro and the iPhone 18 Pro Max are down about 15% in October, according to Nikkei Asia.
MarketWatch
marketsabout 4 hours ago
‘I feel like a loser’: My ETFs go up one day and crash the next. Is this a bad sign?
“I presume these are sophisticated investors taking a profit.”
MarketWatch