Washington • The Senate has confirmed President Barack Obama's nomination of Stanley Fischer to be vice chairman of the Federal Reserve, while also approving Lael Brainard and Jerome Powell to serve on the Fed's board.
The Thursday votes filled vacancies just before a meeting of the central bank's policy panel next week.
The Senate voted 63-24 to approve the nomination of Fischer, a former head of the Bank of Israel, to the Fed's No. 2 post. Brainard, a former Treasury undersecretary for international affairs, was approved on a 61-31 vote, and Powell won a second term on the Fed board on a 67-24 vote.