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Bush backs Greenspan for fifth term as Fed chair
President Bush nominates Alan Greenspan for a fifth term as Federal Reserve chairman amid market calm and mixed signals about health and policy. Greenspan, 77, underwent prostate surgery days earlier and has led the Fed since 1987, guiding rates to a 41 year low as the economy faced recession and shocks.
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Bush
Greenspan
Fed
Washington
Alan Greenspan
Federal Reserve
White House
Wall Street
Sung Won Sohn
Wells Fargo
Minneapolis
Sewanyat
Dow Jones
Gerald Ford
Ronald Reagan
Paul Volcker
Renomi
Clinton
Steenspan
Senate
William McChesney Martin