Judy Shelton

Judy Shelton

Formal First Name
1954 - present

Judy Shelton is an economic advisor to the 45th President of the United States, Donald Trump. She is well-known as a critic of the Federal Reserve and a long-time advocate for a return to the gold standard. A recognized expert in global finance and monetary issues, Shelton has been consulted by national security officials at the White House and Pentagon. Her international economics articles have been published by major publications, including The Wall Street Journal, New York Times, Washington Post, and Financial Times.

Professional Experience

Academic History

  • Shelton has given expert testimony before the Joint Economic Committee, Senate Banking, Senate Foreign Relations, House Banking, and House Foreign Affairs Committees. 
  • She is co-Director of the Sound Money Project at the Atlas Economic Research Foundation. 
  • She has written two monographs for Atlas: “A Guide to Sound Money” (2010) and “Fixing the Dollar Now” (2011).
  • In 2010, she was named Vice Chairman of the Board of Directors of the National Endowment for Democracy. She is the Board's regional expert on Russia, Ukraine, and Belarus and also serves on the Budget and Audit Committee
  • During the Obama years, she criticized the Federal Reserve’s low-interest rates.
  • During the Trump presidency, she advocated for the Federal Reserve to adopt lower interest rates as a form of economic stimulus.
  • She supports the Republican Party's Tax Cuts and Jobs Act, and the Trump administration's deregulatory agenda.
  • Before Trump became president, she was a longtime advocate for free trade, but after he became president, she supported his administration's trade war with China.
  • In March 2018, she was confirmed by the U.S. Senate as the United States director of the European Bank for Reconstruction and Development.