The Senate Banking Committee confirmed the nomination of Stanley Fischer, the former president of the Bank of Israel, for the Federal Reserve's No. 2 job and also approved two other nominees to fill seats on the central bank's short-handed board.
Senators approved the nominees Tuesday by a voice vote, sending the nominations to the full Senate for expected approval in the coming weeks.
Committee Chairman Tim Johnson (D-S.D.) said the three were “extremely well qualified” and that he wanted to act quickly to get them on the Fed's board.
Sen. David Vitter (R-La.) was the only committee member who asked to be recorded as voting against the nominees. Before the...