NEW YORK (JTA) — 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.
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.