Stanley Fischer Offered Position of Vice Chairman of the Federal Reserve
Former Israeli central bank governor Stanley Fischer has been offered the position of vice chairman of the U.S. Federal Reserve, a source familiar with the matter told Reuters on Wednesday.
“He’s been offered the job” the source, who declined to be named, said. The source added that the process would still require approval by the U.S. Senate.
World-renowned economist Fischer ran the Bank of Israel for eight years until he stepped down in June and was widely credited with guiding Israel through the global economic crisis with minimal damage.
A message from our CEO & publisher Rachel Fishman Feddersen
I hope you appreciated this article. Before you go, I’d like to ask you to please support the Forward’s award-winning, nonprofit journalism during this critical time.
At a time when other newsrooms are closing or cutting back, the Forward has removed its paywall and invested additional resources to report on the ground from Israel and around the U.S. on the impact of the war, rising antisemitism and polarized discourse..
Readers like you make it all possible. Support our work by becoming a Forward Member and connect with our journalism and your community.
— Rachel Fishman Feddersen, Publisher and CEO