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Nov 17, 2020

Tester Statement on the Nomination of Judy Shelton for Federal Reserve Board

U.S. Senator Jon Tester today released the following statement after voting against Judy Shelton’s nomination to the Federal Reserve Board of Governors:

“Judy Shelton has repeatedly displayed a staggering ignorance of basic economic principles and a clear pattern of partisan political opportunism, not to mention she has advocated kneecapping rural America by selling off public lands, the Postal Service, and Amtrak to artificially prop up the budget. Frankly, she is uniquely unqualified to serve as a member of the Federal Reserve, and I have no confidence at all that she would be an independent voice helping steer our country through the greatest economic crisis since the Great Depression.”

 

Shelton has advocated selling off public lands, the Postal Service, and Amtrak, and was recently forced to step down as the United States Director of the European Bank for Reconstruction and Development after she missed too many meetings. She has advocated returning to the Gold Standard, eliminating deposit insurance, and for replacing the U.S. dollar with a global currency. Additionally, she has questioned the independence of the Federal Reserve, and whether the central bank should even exist.

Office Contact Information

Senator Tester's Montana staff serves the state from offices in Billings, Bozeman, Butte, Great Falls, Helena, Kalispell, and Missoula. Please bring your concerns with federal agencies, academy nominations, and other situations to one of these Montana offices.

Billings

Judge Jameson Federal Building
2900 4th Ave N, Suite 201
Billings, MT 59101
Phone: (406) 252-0550
Fax: (406) 252-7768

Bozeman

Avant Courier Building
1 E Main Street, Suite 202
Bozeman, MT 59715
Phone: (406) 586-4450
Fax: (406) 586-7647

Butte

Silver Bow Center
125 W Granite, Suite 200
Butte, MT 59701
Phone: (406) 723-3277
Fax: (406) 782-4717

Great Falls

119 1st Avenue N, Suite 102
Great Falls, MT 59401
Phone: (406) 452-9585
Fax: (406) 452-9586

Helena

208 North Montana Avenue
Suite 104
Helena, MT 59601
Phone: (406) 449-5401
Fax: (406) 449-5462

Kalispell

8 Third Street E
Kalispell, MT 59901
Phone: (406) 257-3360
Fax: (406) 257-3974

Missoula

130 W Front St.
Missoula, MT 59802
Phone: (406) 728-3003
Fax: (406) 728-2193

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