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Senate confirms Fischer as Fed vice chair

Jun. 12, 2014 3:16 PM ETBy: Stephen Alpher, SA News Editor2 Comments
  • Confirmed along with the former Bank of Israel governor to serve at the Fed is one other Obama nominee, former Treasury official Lael Brainard. Approved for a fresh term on the board is Jerome Powell.
  • The Fed board will now have five governors for the mid-June meeting, with two seats remaining vacant.

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