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Ahem! Stanley Fischer for the Fed?

Posted in 2007-08 Financial Crisis, US politics Tagged with: , , ,

Federal Reserve Board Governor Janet Yellen’s four-year term as Chair expires in February. The conventional wisdom is that, when it does, the president’s choice will be between reappointing her or preferring National Economic Adviser Gary Cohn, former president of Goldman, Sachs. Which makes it interesting that Fed vice chair Stanley Fischer chose last week to have lunch with the Financial Times. He made headlines, too, on page 1, Thursday: “Fed policymaker blasts ‘dangerous’ bid to loosen restraints on banks” — two days before the feature story about the lunch ran in the FT’s Life and Arts section Over truite meuniére