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Yesterday, April 29, Stanley Fischer was approved by the Senate banking committee to be the second in command at the Federal Reserve. Fischer is a dual US-Israeli citizen, who had been the Governor of the Bank of Israel from 2005-2013.
Members of the committee gave the green light by voice vote to Fischer, tapped by President Barack Obama in January to be Fed Chair Janet Yellen’s number two.
According to the Wikipedia:
Stanley "Stan" Fischer (Hebrew: סטנלי פישר; born October 15, 1943) is an economist. Born in Northern Rhodesia (now Zambia), he holds dual citizenship in Israel and the United States. He served as governor of the Bank of Israel from 2005 to 2013. He previously served as chief economist at the World Bank. On January 10, 2014, United States President Barack Obama nominated Fischer to be Vice-Chairman of the US Federal Reserve System.
Bix Weir comments,
By now you should all know that Janet Yellen is just a patsy. She was placed as Chairman of the Fed to "take the fall". When IT hits the fan she will be blamed and ousted almost immediately. But lurking in the shadows, and I mean in the deep, dark shadows, is the real Master Mind of the Dark Side of the Fed...the former Governor of The Bank of Israel - Stanley Fischer….
Today, our bought and paid for Senators endorsed Stanley Fischer to be Vice Chair directly in line behind Janet Yellen. Basically, when Yellen is taken out for incompetence Fischer will be placed in her spot. Why is it being done this way? ...because Fischer could not have gotten the nod from Congress to be the Chairman as a standalone candidate even though he calls all the shots already!!!