web analytics
April 23, 2014 / 23 Nisan, 5774
At a Glance
News & Views
Sponsored Post
Spa 1.2 Combining Modern Living in Traditional Jerusalem

A unique and prestigious residential project in now being built in Mekor Haim Street in Jerusalem.



Obama Plans to Name Stanley Fischer as Vice Chairman of the Fed

Share Button

The Obama administration is close to announcing that former Israel Bank Governor Stanley Fischer will take over the number two position at the Federal Reserve Bank under recently confirmed director Janet Yellen.

Fischer was hoping to be named head of the Fed,  but at 70, his age was a barrier.

Fischer is widely respected in financial circles, and he has been credited, perhaps too much, with having steered Israel’s economy to become one of the world’s strongest  during the global crisis after the 2008 financial fallout in the United States.

Fischer also is seen as being responsible for keeping down the value of the shekel against the dollar so that exports would not suffer.

He left the United States to take over as Governor of the Bank of Israel in 2005, agreeing to make aliyah because the job required his becoming an Israeli citizen. However, his Zionism lasted only as long as he wanted to stay on the job. He quit in the middle of his second term earlier his year and moved back to the United States.

Since quitting, he has been more vocal in his opinions that Israel must concede to most Palestinian Authority demands.

Share Button

About the Author: JewishPress.com brings you the latest in Jewish news from around the world. Stay up to date by following up on Facebook and Twitter. Do you have something noteworthy to report? Submit your news story to us here.


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.

No Responses to “Obama Plans to Name Stanley Fischer as Vice Chairman of the Fed”

Comments are closed.

SocialTwist Tell-a-Friend

Current Top Story
Putin-Obama Meme 1
Egypt Signing Unprecedented $3 Billion MiG-35 Deal with Russia
Latest News Stories
Rav Ovadia Yosef and Rav Amar.

Attacks against former Chief Rabbi Shlomo Amar get as petty as which robe he is wearing, and when he is running his Lag B’Omer bonfire.

MIG-35
 
MiG-35
30

The picture above is of a Russian MiG-35. It is Russia’s most advanced fighter jet. Reports say that Israel’s neighbors to the south will be getting 24 of them. In case you see one flying overhead, now you’ll know what it is.

A Holocaust memorial and the grave of the brother of the late Lubavitcher rebbe were vandalized in Ukraine, amid a string of anti-Semitic attacks in the country.

Bashar Assad will be running for president of Syria again…

This massive Russian-Egyptian arms deal is a slap in the face for President Obama and his failed foreign policy.

It is no wonder that Marionville is ”the home of the white squirrels.” Black ones wouldn’t stand a chance, forget about Jewish ones.

Jordan’s foreign minister summoned the Israeli ambassador to protest what it called Israel’s “violations” on the Temple Mount. The Jordanian government told Ambassador Daniel Nevo that recent clashes between Muslim worshippers and Israeli soldiers on the Temple Mount a violation of the peace treaty between Israel and Jordan. The Temple Mount was closed to visitors […]

The chisel was found along with a gold bell that may have been on the clothes of the High Priest.

The IDF has announced it will begin to offer Israeli Christians the chance to enlist in Israel’s army.

A special unit in the Israeli army comprised solely of Bedouin trackers is keeping Israel’s northern border safe.

The United States has announced it possesses evidence the Syrian government is using chemical weapons against its own civilians.

At least ten rockets were fired by Gaza terrorists at Israeli civilian targets over the holiday.

Chabad.org interviews Nikolayev ‘s chief rabbi on the firebomb attack in the Ukraine. Here is an excerpt…

The US Supreme Court has agreed to examine the question as to whether or not an American citizen born in Jerusalem can have “Israel” listed on his (or her) passport as their country of birth.

No, not Mahna Mahna. Mimouna. Mimouna is a Moroccan celebration of Chametz that takes place right after Pesach ends (which it did tonight). It’s become very popular in Israel, especially among political leaders, as participating in a Mimouna makes you more part of the “Amcha” (the every-day folk). It’s estimated (according to Wikipedia, at least) […]

Carole Zabar, longtime supporter of BDS promoters, is now in a pickle – Zabar’s is a BDS target.

More Articles from Jewish Press News Briefs

Bashar Assad will be running for president of Syria again…

The IDF has announced it will begin to offer Israeli Christians the chance to enlist in Israel’s army.

The United States has announced it possesses evidence the Syrian government is using chemical weapons against its own civilians.

Chabad.org interviews Nikolayev ‘s chief rabbi on the firebomb attack in the Ukraine. Here is an excerpt…

The US Supreme Court has agreed to examine the question as to whether or not an American citizen born in Jerusalem can have “Israel” listed on his (or her) passport as their country of birth.

Anti-semitic attacks have escalated with the firebombing of a synagogue in the Ukraine. Watch the video of the attack…

On Friday afternoon, Syrian fighter jets hit opposition/rebel targets and villages on the Syrian side of the Ramat HaGolan (Golan Heights), in the Quneitra region. Large pillars of smoke are seen rising from struck areas. Quneitra is the site of an official crossing between Syria and Israel on the Golan. IAF jets were sent out […]

Following intelligence reports of further expected Arab rioting and violence on the Temple Mount today, the police have placed restrictions on Muslim entry to the Jewish holy site, according to a report on Arutz-7. Entry will be limited to Muslims over the age of 50, and women, also they must be Israeli citizens or residency […]

    Latest Poll

    Now that Kerry's "Peace Talks" are apparently over, are you...?







    View Results

    Loading ... Loading ...

Printed from: http://www.jewishpress.com/news/breaking-news/obama-plans-to-name-stanley-fischer-as-vice-chairman-of-the-fed/2013/12/11/

Scan this QR code to visit this page online: