Senate Panel Backs Fischer for Fed Vice Chair

Senate Panel Backs Fischer for Fed Vice Chair Play

April 29 (Bloomberg) -- Stanley Fischer’s bid to be Federal Reserve vice chairman won support today from the Senate Banking Committee, sending the former Bank of Israel governor’s nomination to the Senate for confirmation. The committee approved Fischer in a voice vote. The panel also backed the nominations of Lael Brainard and Jerome Powell as Fed governors. (This report is an excerpt of the meeting. Source: Bloomberg)

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