WASHINGTON—The White House said it would soon nominate economists Judy Shelton and Christopher Waller to fill two Federal Reserve Board vacancies after months of President Trump criticizing the central bank for not doing more to stimulate the U.S. economy. Mr. Trump announced the picks on Twitter last July. The White House signaled it had finished months of background checks Thursday by affirming Mr. Trump’s plans to formally submit the nominations to the Senate for confirmation.

Source: Wall Street Journal January 17, 2020 00:00 UTC