Share on StockTwits
 

President Barack Obama on Friday named experienced central banker and internationally respected economist Stanley Fischer to serve as the vice chairman of the Federal Reserve, the White House said. Obama also nominated Lael Brainard, who served as the Treasury Department’s top official for international affairs, to serve on the Fed board. The president further named Fed Governor Jerome Powell to a new term on the board ending in 2028.

“Obama Names Fischer As Fed Vice Chair: White House” is categorized as “business”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.