web analytics
October 4, 2015 / 21 Tishri, 5776
At a Glance
News & Views
Sponsored Post

Obama Nominates Fischer as Fed Vice Chairman

JewishPress Logo

President Obama nominated Stanley Fischer, the former governor of the Bank of Israel, to be the vice chairman of the Federal Reserve.

The Friday nomination comes the same week that the Senate confirmed Janet Yellen as Federal Reserve’s chairwoman, the third Jewish person to hold the post in succession, following Ben Bernanke and Alan Greenspan.

“Stanley Fischer brings decades of leadership and expertise from various roles, including serving at the International Monetary Fund and the Bank of Israel,” Obama said of Fischer, who helmed the Bank of Israel from 2005 until last year. “He is widely acknowledged as one of the world’s leading and most experienced economic policy minds and I’m grateful he has agreed to take on this new role and I am confident that he and Janet Yellen will make a great team.”

Fischer, 70 and born in Zambia, is a dual U.S.-Israeli citizen. He previously held senior positions at the World Bank and the International Monetary Fund.

About the Author:

If you don't see your comment after publishing it, refresh the page.

Our comments section is intended for meaningful responses and debates in a civilized manner. We ask that you respect the fact that we are a religious Jewish website and avoid inappropriate language at all cost.

If you promote any foreign religions, gods or messiahs, lies about Israel, anti-Semitism, or advocate violence (except against terrorists), your permission to comment may be revoked.

No Responses to “Obama Nominates Fischer as Fed Vice Chairman”

Comments are closed.

Current Top Story
Hatzalah in Old City
Hatzalah Volunteer on Scene Recounts Saturday Night Terror Attack

Printed from: http://www.jewishpress.com/news/breaking-news/obama-nominates-fischer-as-fed-vice-chairman/2014/01/11/

Scan this QR code to visit this page online: