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Janet Yellen's Right-Hand Man is Stepping Down

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News video: Janet Yellen's Right-Hand Man is Stepping Down

Stanley Fischer, the Federal Reserve Vice Chair and Janet Yellen's right-hand man, is stepping down for personal reasons.

The 73-year-old started his career as an academic but became a policymaker at the World Bank and later the International Monetary Fund, where he rose to the role of first deputy managing director.

He then spent three years at Citigroup as a vice chairman before moving to Israel in 2005 to become the head of its central bank..

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Transcript: Janet Yellen's Right-Hand Man is Stepping Down

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