Trump's remarkably reasonable pick for the Federal Reserve

Christopher Waller is no party hack

President Trump.
(Image credit: Illustrated | Kim Hong-Ji-Pool/Getty Images, orgnmaster/iStock, RomanSotola/iStock)

President Trump still has two seats on the Federal Reserve's Board of Governors to fill. His last two picks filled mainstream elites and policymakers with such universal horror that they never were officially nominated. Late yesterday, Trump took another stab, announcing his intention to nominate Judy Shelton and Christopher Waller.

Shelton is a thorough "dog bites man" pick — by which I mean her monetary policy views are a mess and seem to shift in accordance with whatever Trump wants. So of course the president wants her on the Fed.

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Jeff Spross

Jeff Spross was the economics and business correspondent at TheWeek.com. He was previously a reporter at ThinkProgress.