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FED up?!........Fed Vice Chairman Stanley Fischer resigning.....
Posted by: NewtonMP2100
Date: September 06, 2017 09:54AM
....for 'personal' reasons [ so he says ]......just announced.....



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Edited 3 time(s). Last edit at 09/06/2017 09:59AM by NewtonMP2100.
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Re: FED up?!........Fed Vice Chairman Stanley Fischer resigning.....
Posted by: GGD
Date: September 06, 2017 11:49AM
Quote
NewtonMP2100
....for 'personal' reasons [ so he says ]......just announced.....

"To spend more time away from the First Family."
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Re: FED up?!........Fed Vice Chairman Stanley Fischer resigning.....
Posted by: JoeH
Date: September 06, 2017 12:33PM
Well, he is 73. Perhaps he wants some peace and quiet in his life, not likely to get that from 45.

On another note this could be bad news eventually for the economy. There were 3 vacancies already on the Fed's Board of Governors, his resignation makes it 4 out of 7. The GOP Senators blocked all nominations made by Pres. Obama to the Fed in the last 2 years of his term. Janet Yellin's term as Chair expires next year in February, though she can remain as a member of the board until 2024. This could allow 45 to make a lot of bad nominations to the board and have some very bad consequences for our economy.
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Re: FED up?!........Fed Vice Chairman Stanley Fischer resigning.....
Posted by: Dennis S
Date: September 06, 2017 02:10PM
A bad economy right about now is the best thing that could happen to our country.
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