President Trump plans to nominate Christopher Waller and Judy Shelton to the Fed
President Trump plans to nominate Christopher Waller and Judy Shelton to the Fed Board of Governors to fill the two vacancies. Waller is currently EVP and Director of Research at the St Louis Fed. Prior to the Fed, he was a professor and the acting Chair of the Department of Economics and Econometrics at Norte Dame. He received his Ph.D. from Washington State University. Shelton is the Executive Director of the European Bank of Reconstruction and Development. She was a member of President Trump's campaign and transition team. She received a Ph.D. in Business Administration. She has been critical of the FOMC's use or IOER to set rates and wants to bring "fresh thinking," to the Fed according to various interviews.