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Greenspan Nominated for Fourth Term as Fed Chair
President Clinton nominates Alan Greenspan for a fourth four year term as Federal Reserve chairman. The Dow falls sharply amid rate hike fears while Greenspan receives praise for steering a long economic expansion and low unemployment.
MENTIONED IN THIS ARTICLE
Associated Press and Gazette
Washington
Alan Greenspan
Federal Reserve
Clinton
U.S
Greenspan
Wall Street
Fed
Oval Office
Jim Leach
al Iona
House Banking and Financial Services Committee
White House