The dynamic at the Federal Reserve may be about to change.
Stanley Fischer has been confirmed to join the board of governors, meaning he'll have a vote—and an important say—in monetary policy starting at the next meeting on June 17-18.
He still has to pass a vote confirming his position as vice chairman, the No. 2 spot under Chair Janet Yellen.
Fischer's presence is likely to change the shape of the Fed in a variety of ways.