Fresh off his 2020 census loss and his disastrous DMZ stunt with Kim Jong Un, Donald Trump decided to shift his focus today to something he very rarely does: actual governing. To that end, he announced on Twitter this evening that he was nominating someone named Judy Shelton. The trouble? Well, see if you can spot it.
Here’s what Trump tweeted: “I am pleased to announce that it is my intention to nominate Judy Shelton, Ph. D., U.S. Executive Dir, European Bank of Reconstruction & Development. Judy is a Founding Member of the board of directors of Empower America and has served on the board of directors of Hilton Hotels.”
That’s right, Trump announced he was nominating Judy Shelton, but didn’t bother to say what he was nominating her for. Again, this is coming from the President of the United States. He literally nominated someone for no position at all. Trump ended up deleting the tweet, and replacing it with a new tweet which specified that he was nominating her for the Federal Reserve Board. Even though Trump botched the nomination in unintentionally hilarious fashion, his nominee is no laughing matter.
Judy Shelton can best be described as an economic lunatic. She’s seeking to take the United States back to a gold standard, which is laughably unrealistic in a modern economy. She previously served as an economic adviser to the Ben Carson 2016 presidential campaign. For reference, at one point Ben Carson claimed that 15% was half of 20%. Trump is trying to stack the Federal Reserve Board with loyalists in the hope of corruptly cutting interest rates over the objection of the Chairman of the Board.
Bill Palmer is the publisher of the political news outlet Palmer Report