Third GOP senator comes out against controversial Trump Fed nominee

The Hill: Sen. Lamar Alexander (R-Tenn.) said on Monday that he opposes Judy Shelton's nomination to the Federal Reserve board, but he won't be in Washington this week to vote against her.

“I oppose the nomination of Judy Shelton because I am not convinced that she supports the independence of the Federal Reserve Board as much as I believe the Board of Governors should. I don’t want to turn over management of the money supply to a Congress and a President who can’t balance the federal budget," Alexander said in a statement.

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