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This election and all the uncertainty can't be good for the US dollar? Good for Bitcoin?

President Donald Trump announced on Saturday that he will nominate Judge Amy Coney Barrett to fill the vacancy left by the death of Justice Ruth Bader Ginsburg on the Supreme Court.

"She is a woman of unparalleled achievement, towering intellect, sterling credentials, and unyielding loyalty to the Constitution," Trump said at an event hosted at the White House Rose Garden. 

Barrett is a 48-year-old federal appeals court judge favored by social conservatives and the religious right. Her confirmation to replace Ginsburg, a feminist icon who sat on the bench for 27 years, would solidify a 6-3 majority for Republican appointees on the bench for the foreseeable future. 

Trump's announcement came just 38 days before voters will decide whether he will hold the White House for a second term, and is bound to have profound reverberations on all three branches of government. 

Read more:  Barrett nomination ensures epic abortion fight in election’s final days Supreme Court to face major cases on Obamacare and religion in coming term A Supreme Court confirmation before Election Day would be quick, but not unprecedented

Barrett's selection comes just a week after Ginsburg died from complications due to cancer found on her pancreas. She will be buried in Arlington National Cemetery next week. 

During her own remarks, Barrett praised Ginsburg's life and cited Ginsburg's friendship with Justice Antonin Scalia, a hero of conservatives who died in 2016. Barrett served as one of Scalia's clerks.

"Justices Scalia and Ginsburg disagreed fiercely in print without rancor in person. Their ability to maintain a warm and rich friendship, despite their differences, even inspired an opera," Barrett said. 

Barrett also embraced comparisons between her legal views and her mentor's, saying "his judicial philosophy is mine too."

U.S President Donald Trump watches U.S. Court of Appeals for the Seventh Circuit Judg...

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