US Treasury Secretary Scott Bessent has hired Judy Shelton, the economist and former Federal Reserve Board nominee, as an adviser to the Treasury Department. The appointment was reported on October 9, 2026, by CNBC and highlighted by investingLive (formerly ForexLive), which also noted a distinctive detail about the new adviser's media habits.

Shelton is a veteran of US monetary policy debates. President Donald Trump nominated her to the Federal Reserve Board of Governors in 2019, but the nomination stalled in the Senate in 2020 and was never confirmed. Before her Fed nomination, she served as the US executive director at the European Bank for Reconstruction and Development, a post she held following her appointment during the Trump administration. She has also worked as a senior fellow at Stanford University's Hoover Institution and has written extensively on dollar policy, central banking, and the international monetary system. Her views on monetary policy, including sympathy toward a greater role for gold in the monetary framework, drew significant attention and scrutiny during her confirmation process.

The Federal Reserve's seven-member Board of Governors sits at the core of US interest rate decisions, making nominations to it among the most closely watched appointments in economic policymaking.

One notable detail from the investingLive report: Shelton has previously shared articles from investingLive on her X account (@judyshel). The outlet noted that while her sharing of its coverage does not imply an endorsement, it illustrates how professional and trustworthy market reporting can reach people at the highest levels of economic and policy debate — and, at times, influence opinions by offering a different perspective.

investingLive, which built its audience over the years as ForexLive before rebranding, framed the hire as an example of its reach among high-profile figures in financial markets. The publication said credibility in financial media is built on the quality of the information delivered, the analysis provided, and the audience reached. In an environment headlines can move currencies, bonds, equities, and commodities within seconds, the outlet argued, speed alone is not enough — context, market knowledge, and the ability to explain why a development matters are just as important.

The Treasury Department serves as the US government's principal economic and financial agency, with responsibility for areas including federal finances, debt issuance, and US dollar policy — subject matter squarely within the fields Shelton has written about throughout her career. The Fed, by contrast, sets US monetary policy independently of the department. The report did not specify the scope of Shelton's new advisory responsibilities, leaving her portfolio within the department an open question.

Source: investingLive