The Wall Street Journal: Judy Shelton’s Fed confirmation in doubt as a third Republican senator will oppose nomination

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A third Republican senator said Monday he would oppose the confirmation of a nominee of President Donald Trump to a seat on the Federal Reserve’s board of governors, setting up a close vote as soon as this week.

In a statement, Sen. Lamar Alexander, R-Tenn., said he wouldn’t support the nomination of Judy Shelton, an outspoken critic of the central bank and close ally of Trump’s economic adviser Larry Kudlow, leaving her with support from no more than 50 senators.