Economy, Trade & DebtUnited States / ChinaOctober 9 published evidence
Treasury Adds a Currency-Policy Adviser
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Treasury Secretary Scott Bessent appointed economist Judy Shelton as Counselor in the Office of the Secretary on October 9. She will advise on currency policy, particularly financial conditions in China. The appointment adds a named adviser to the administration’s economic work; it is not itself a change in Federal Reserve policy, interest rates or exchange rates. Future published decisions and implementation will show what the appointment contributes.
90% ConfidenceDated official records establish the announcement or assessment; forecasts and effects remain bounded by their source cutoff.
Article updated Oct 9, 2026, 1:40 PM Pacific
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01Treasury · Judy Shelton counselor appointment
Primary ↗Dated primary record; forecasts and announcements remain distinct from measured outcomes.