Fed nominees close in on board member jobs

Stanley Fischer

Stanley Fischer is on track to become the Federal Reserve's second in command after the former Bank of Israel governor was confirmed yesterday by the US Senate Banking Committee to fill current Fed chair Janet Yellen's old seat.

Fischer, who was nominated by President Barack Obama to replace Yellen as the bank's vice-chair in January, was confirmed alongside fellow nominees Jerome Powell, a Fed governor since 2012 whose term officially expired on January 31, and Lael Brainard, a former US

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: