The Senate is expected to vote next week on Stanley Fischer's nomination for vice chairman of the Federal Reserve, securing his spot ahead of the May recess. Locking in Fischer is a key step in replenishing the Fed's governing body, which has an unusual number of vacancies at a sensitive time, as the central bank faces several critical measures for U.S. monetary policy. The Senate is likely to hold an initial vote on Tuesday to proceed to consider the nomination, setting up action for a final confirmation the following day, according to a Senate Democratic aide. But it appeared unlikely that the Senate would act next week on two other pending Fed nominees: U.S. Treasury official Lael Brainard, 52, and current Fed Governor Jerome Powell, who has been nominated to serve another term.
Never has India had a prime minister like Narendra Modi. A self-made man whose father sold tea at a railroad station, his blunt style, poor English, and disdain for social graces have made him as distasteful to India’s traditional ruling class as he is popular elsewhere. Mr. Modi, a barrel-chested man with a neatly trimmed white beard and mustache, is the first leader of a provincial state to win India’s top political prize. “He is a doer … who could galvanize the country,” says Gurcharan Das, a multinational company executive turned author.
The secretary of defense said military working to improve but 'still not where we need to be'
Whistleblower suit at center of Medicare Advantage overbilling allegations.