The U.S. Senate on Thursday confirmed Stanley Fischer to serve as vice chairman of the Federal Reserve (Fed), a role that gives him a powerful position to shape U.S. monetary policy.
Fischer, the former chief of the Bank of Israel, won confirmation last month as a member of the Fed board.
Fischer is a widely respected economist who is expected to be an important ally of new Fed Chair Janet Yellen as she crafts a strategy to withdraw the central bank's extraordinary support for the economy.
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All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
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