Will new Fed member push the US back towards the gold standard?

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U.S. Senate panel set to advance Trump Fed nominee Shelton, backer of gold standard

Shelton, a conservative economist who has argued the nation would be better off returning to the gold standard and as recently as 2017 criticized the Fed’s power over money and financial markets as “quite unhealthy,” drew criticism from Democrats and even some Republicans during a contentious hearing in February.

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