Fischer Said to Be Top Choice for Fed Vice Chairman

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Dec. 11 (Bloomberg) -- Former Bank of Israel Governor Stanley Fischer is President Barack Obama’s leading candidate to become vice chairman of the Federal Reserve, people familiar with the selection process said. Julianna Goldman reports on Bloomberg Television's "Money Moves." (Source: Bloomberg)

Endowment.

Tell me how much more of the university policies money is going in.

First up, we take you into d.c.. julianna goldman has learned the former bank of israel governor danley fisher is the leading candidate to become vice chair at the fed.

Giuliana, i know you broke the story.

Great scoop as always.

This was the pic?

We know president obama is elitist -- leading choice to be the fed vice chair.

He would be replacing janet yellen, who is leaving her post because she is the president pick for fed chair.

A history for fisher.

He stepped down in june.

Also number two at the imf.

He brings academia, crisis management, and central-bank experience with him.

I was speaking with a former administrator earlier saying the combination would be the most impressive academic one-two punch in the history of the fed.

It puts top scholars in charge of monetary policy.

Also, fisher has some ties to some of the most prominent economists in the world.

He was a thesis advisor for ben bernanke.

He also taught mario draghi and was also a teacher for larry summers, who headed george w. bush's council of economic advisers chair in the person i spoke with who is familiar with the process says there is no

This text has been automatically generated. It may not be 100% accurate.

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