Judy Shelton is unfit

Shelton is President Trump's pick to take a seat on the Federal Reserve Board, which plays a key role in overseeing the financial system.

Tell the Senate: "The Senate Banking Committee approved Judy Shelton's nomination to the Federal Reserve Board of Governors, and now her nomination is going before the full Senate for a vote. We demand you vote against the nomination of Judy Shelton to the Federal Reserve." ADD YOUR NAME During the country's last economic crisis, Mitch McConnell convinced Republicans to sabotage the economic recovery to punish Democrats for electing Barack Obama. Now, after Republican rule has cratered the economy once again, Trump is attempting to install someone on the Federal Reserve Board who will run the same playbook if Biden wins. Judy Shelton will be the Mitch McConnell of the Fed, fighting tooth and nail against government spending to help the economy. Now, Shelton is President Trump's pick to take a seat on the Federal Reserve Board, which plays a key role in overseeing the financial system. Regular people are facing unemployment, evictions, and poverty as federal programs to deal with the pandemic and economic crisis expire. It simply could not be a worse time for Trump to appoint someone to the nation's central bank who is going to resist a government stimulus. Can you take action to stop this reckless move? Tell Congress: Do not approve Judy Shelton's nomination to the Federal Reserve! Shelton, an advisor to Trump's 2016 campaign for president, holds some very extremist views about the economy. She shares right-wing enthusiasm for a return to the gold standard, which would make the economic crisis worse. Tying U.S. currency to the gold standard is a dream of right-wing extremists. It would prevent the government from doing exactly what it needs to do to bring us out of this crisis: spend money on programs like unemployment, aid to small businesses, public health measures, mortgage freezes, and more. In fact, historians and economists agree that FDR's decision to take the U.S. off the gold standard allowed the country to recover from the Great Depression. Nobel prize-winning economists and former Federal Reserve members alike have called Shelton's positions "extreme and ill-considered," and say that her appointment would distract from what the bank actually needs to be doing to help us recover from this crisis. The Senate Banking Committee approved Shelton's nomination in a vote that fell along party lines, and now her nomination will go before the full Senate for approval. If Congress allows Trump to appoint Shelton to the Fed, it could stall the nation's economic recovery and the government's ability to respond to the pandemic. Can you tell the Senate to stand up for ordinary Americans and block Trump's absurd nomination? Sign the petition: Congress must block Judy Shelton's nomination to the Fed! Thanks, Team Progress DONATE NOW Sent via ActionNetwork.org. To update your email address, change your name or address, or to stop receiving emails from Progress America, please click here.