Fed vice chairman Fischer to resign for "personal reasons"

Source: Chicago Tribune

"Federal Reserve Vice Chairman Stanley Fischer will resign next month for personal reasons, leaving a fourth vacancy on the seven-member Fed governing board. Fischer is a widely-respected economist who taught at MIT and was head of the Bank of Israel for eight years. His unexpected departure adds to a leadership vacuum at the top of the Fed as it navigates a difficult path. Fischer, 73, was a close confidant of Fed Chair Janet Yellen, whose own term ends in February." (09/06/17)

http://www.chicagotribune.com/business/ct-fed-vice-chairman-fischer-resign-20170906-story.html