Sep 10, 2017
Stanley Fischer stepping down from Fed, citing 'personal reasons'
Stanley Fischer stepping down from Fed, citing ‘personal reasons’
Stanley Fischer is stepping down as vice chairman of the Federal Reserve, creating another opening at the central bank for President Donald Trump to fill.
In a letter to Trump on Wednesday, Fischer cited “personal reasons” and said the resignation will take effect Oct. 13, two days before his 74th birthday.
“It has been a great privilege to serve on the Federal Reserve Board and, most…
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