Trump plans on nominating Christopher Waller, Judy Shelton to the Federal Reserve

Donald Trump.
(Image credit: Nicholas Kamm/AFP/Getty Images)

On Tuesday, President Trump announced via Twitter that he plans on nominating Judy Shelton and Christopher Waller to fill the last open seats on the Federal Reserve board of governors.

Nominees must be confirmed by the Senate, and Trump's last four contenders all failed to make it through to the end of the process.

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Catherine Garcia, The Week US

Catherine Garcia has worked as a senior writer at The Week since 2014. Her writing and reporting have appeared in Entertainment Weekly, The New York Times, Wirecutter, NBC News and "The Book of Jezebel," among others. She's a graduate of the University of Redlands and the Columbia University Graduate School of Journalism.