Fed nominee Fischer clears procedural hurdle in U.S. Senate

WASHINGTON Tue May 20, 2014 6:25pm EDT

WASHINGTON May 20 (Reuters) - Stanley Fischer's nomination to be vice chairman of the U.S. Federal Reserve cleared a key procedural hurdle in the Senate on Tuesday, virtually assuring that the noted economist will join the central bank's board within days.

The Senate agreed to limit debate on the nomination, allowing for a final vote just after midday on Wednesday. (Reporting by Howard Schneider; Editing by by Peter Cooney)