The Fed has been working without a full bench for months even as it embarked on the phaseout of its trillion-dollar economic stimulus program.
President Obama’s nominees for Federal Reserve are slated to appear Thursday before the Senate Banking committee for their confirmation hearing. Here’s a quick refresher on who the candidates are.
“Do you know what everyone at this table has in common?” Ben Bernanke mused. “They all had Stan Fischer as their thesis adviser.”
The former Bank of Israel chief may have just the background the Fed needs.
Former Bank of Israel governor Stanley Fischer is emerging as the leading candidate to succeed Janet Yellen as vice chairman of the Federal Reserve.
The case for Stan Fischer as Fed chair.
Janet Yellen only visited the White House once. Larry Summers has visited 15 times since leaving office.
Israel's successful central bank chief is leaving. Ben Bernanke's term is up at the end of the year. Could Fischer be his successor?