Stanley Fischer Confirmed as Vice-Chairman of Federal Reserve
Stanley Fischer, a former Bank of Israel governor, was confirmed by the U.S. Senate as vice chairman of the Federal Reserve.
The confirmation vote on Thursday was 63-24, the Los Angeles Times reported.
Fischer, 70, succeeds Janet Yellen, who was elevated to Fed chairwoman in February to follow Ben Bernanke. All three are Jewish.
Last month, Fischer was confirmed as a member of the Federal Reserve board, but a separate vote was needed for the vice chairman’s post.
Fischer, a dual U.S.-Israeli citizen, helmed Israel’s central bank from 2005 to 2013. He previously held senior positions at the World Bank and the International Monetary Fund.
I hope you appreciated this article. Before you go, I’d like to ask you to please support the Forward’s award-winning journalism this Passover.
In this age of misinformation, our work is needed like never before. We report on the news that matters most to American Jews, driven by truth, not ideology.
At a time when newsrooms are closing or cutting back, the Forward has removed its paywall. That means for the first time in our 126-year history, Forward journalism is free to everyone, everywhere. With an ongoing war, rising antisemitism, and a flood of disinformation that may affect the upcoming election, we believe that free and open access to Jewish journalism is imperative.
Readers like you make it all possible. Right now, we’re in the middle of our Passover Pledge Drive and we still need 300 people to step up and make a gift to sustain our trustworthy, independent journalism.
Make a gift of any size and become a Forward member today. You’ll support our mission to tell the American Jewish story fully and fairly.
— Rachel Fishman Feddersen, Publisher and CEO
Join our mission to tell the Jewish story fully and fairly.
Only 300 more gifts needed by April 30