U.S. Senate panel backs Fischer, other nominees for Fed

WASHINGTON, April 29 Tue Apr 29, 2014 10:15am EDT

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WASHINGTON, April 29 (Reuters) - The Senate Banking Committee approved three nominees to the Federal Reserve's board on Tuesday, including Stanley Fischer to be the U.S. central bank's No. 2, in a big step toward replenishing the Fed's governing body.

The panel also backed the nominations of former senior U.S. Treasury official Lael Brainard and current Fed Governor Jerome Powell, who was nominated for another term. All three nominees were approved on a unanimous voice vote.

The nominations are now cleared to go before the full Senate for final confirmation votes. A date for Senate consideration has not yet been set. (Reporting by Michael Flaherty; Editing by James Dalgleish)

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