The United States Senate blocked President Donald Trump’s controversial nomination of Judy Shelton to the board of the US Federal Reserve, making her the latest in a string of failed nominees to the central bank.
Trump’s Republican Party has a 53-47 majority in the current Senate, but several Republicans opposed Shelton’s nomination and two were absent due to exposure to Covid-19.
Shelton’s nomination failed 47 to 50 on a key procedural vote, with three Republicans joining Democrats in voting ‘no’.
Senate Majority Leader Mitch McConnell indicated he may move to bring the nomination back to a vote later if Republicans can rally their