Stanley Fischer Offered Position of Vice Chairman of the Federal Reserve
Image by Getty Images
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 move on, I wanted to ask you to support the Forward’s award-winning journalism during our High Holiday Monthly Donor Drive.
If you’ve turned to the Forward in the past 12 months to better understand the world around you, we hope you will support us with a gift now. Your support has a direct impact, giving us the resources we need to report from Israel and around the U.S., across college campuses, and wherever there is news of importance to American Jews.
Make a monthly or one-time gift and support Jewish journalism throughout 5785. The first six months of your monthly gift will be matched for twice the investment in independent Jewish journalism.
— Rachel Fishman Feddersen, Publisher and CEO
