History of Judy Shelton in Timeline

By Popular Timelines Editorial Team · Updated: January 29, 2025

Judy Shelton is a former economic advisor to President Donald Trump. She is known for her advocacy of the gold standard and her criticisms of the Federal Reserve. Trump announced her nomination to the Fed in July 2019. However, her nomination stalled in November 2020 after a 47-50 Senate vote. President Biden later withdrew her nomination in February 2021.

1954: Birth

Judy Shelton was born in 1954.

1985: Started at Hoover Institution

Judy Shelton started working at the Hoover Institution in 1985.

1995: Left Hoover Institution

Judy Shelton left the Hoover Institution in 1995.

1996: Worked on Dole Campaign

In 1996, Judy Shelton worked on Bob Dole's presidential campaign.

1999: Advocated for Global Monetary Authority

In 1999, Judy Shelton expressed views supporting a global monetary authority in a Wall Street Journal op-ed.

2000: Advocated for Open Borders and Global Currency

In 2000, Judy Shelton advocated for open borders with Mexico and a single worldwide currency.

2005: Moved to Moss Neck Manor

The Sheltons moved to Moss Neck Manor in 2005.

2009: Sheltons' Lifestyle

As of 2009, the Sheltons owned livestock and lived at Moss Neck Manor in Virginia.

2011: Criticized the Fed

In 2011, Judy Shelton publicly criticized the Federal Reserve, questioning its authority and oversight of the dollar.

2012: Joined TheGoldStandardNow.org

In 2012, Judy Shelton became a senior advisor at TheGoldStandardNow.Org.

2012: Proposed "Universal Gold Reserve Bank"

In 2012, Judy Shelton proposed the establishment of a "Universal Gold Reserve Bank" in the Cato Journal.

August 2016: Joined Trump Campaign

Judy Shelton joined the Trump presidential campaign in August 2016.

2017: Supported Tax Legislation

Judy Shelton supported the Republican Party's 2017 tax legislation.

March 2018: Confirmed as EBRD Director

Judy Shelton was confirmed by the Senate as the US Director of the European Bank for Reconstruction and Development in March 2018.

July 2, 2019: Nomination to the Fed Announced

On July 2, 2019, President Trump announced his intention to nominate Judy Shelton to the Federal Reserve.

July 3, 2019: Trump Announced Nomination Intention

On July 3, 2019, President Trump officially announced his intention to nominate Judy Shelton to the Federal Reserve Board.

July 2019: Resigned from EBRD

Judy Shelton resigned from her position at the EBRD in July 2019.

2019: Advocated for Gold Standard

In 2019, Judy Shelton advocated for a return to the gold standard, suggesting a Bretton Woods-style conference.

2019: Questioned Fed's Independence

In 2019, Judy Shelton questioned the Federal Reserve's independence from the White House.

February 2020: Confirmation Hearings

Judy Shelton's confirmation hearings for the Federal Reserve Board took place in February 2020.

July 21, 2020: Nomination Advanced to Senate

On July 21, 2020, the Senate Banking Committee voted to advance Judy Shelton's nomination to the full Senate.

September 15, 2020: Vote Delayed

On September 15, 2020, it was announced that a full Senate vote on Judy Shelton's nomination would be delayed until sufficient support could be secured.