Former Bank of Israel Governor Stanley Fischer is a leading candidate to be named Deputy Fed Chief. Adam had the news and more earlier, and the Wall Street Journal has weighed in too.
Here’s the Washington Post with Four reasons Stan Fischer makes sense for the Fed.
- Fischer is a legendary nice guy, deploying a wry smile and persuasive arguments to get his way. That could come in handy if he was in charge of the Fed, where decisions are made by committee
- Fischer is a crisis-management veteran
- If President Obama wants to inject fresh thinking into the central bank, a Fischer appointment helps
- He is foreign, but not too foreign
