UMich October preliminary consumer sentiment 46.3, missing 47.8 forecast
October preliminary UMich consumer sentiment fell to 46.3, below the 47.8 expected, with inflation expectations ticking up.
15 min ago8 min read
Bessent taps former Fed nominee Judy Shelton as adviser
Treasury Secretary Scott Bessent has hired Judy Shelton, a former Federal Reserve board nominee, as an adviser.
09/10/2026 12:352 min read
U.S. Treasury Secretary Scott Bessent has selected Judy Shelton to serve as an adviser. Shelton, an economist who was nominated for a position on the Federal Reserve Board by President Donald Trump in 2019, has in the past shared material from the investingLive platform on her X social media profile. Furthermore, she has been a participant in conversations regarding monetary policy, central bank operations, and the structure of the international monetary system over many years.
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