President Hints at Greenspan Replacement by Scott Ott

by John Hawkins | October 10, 2005 12:24 am

In the midst of a Republican firestorm over his so-called ‘stealth’ appointment of Harriet Miers to the Supreme Court, President George Bush today would only hint at who he has in mind to replace Federal Reserve Chairman Alan Greenspan[1], who will retire January 31, after 18 years steering the nation’s monetary policy.

“I can’t give you a name,” Mr. Bush told the White House press corps, “but let me just say that I’ve known her personally for more than 20 years, and have first-hand knowledge of her philosophy on fiscal policy. I’ve actually watched her balance a checkbook at the kitchen table. She’ll make a swell Fed chairman.”

Mr. Bush said the as-yet-unnamed nominee “has a charming personality, a smile that lights up the room, and I can trust her like I trust my own wife.”

This content was used with the permission of Scrappleface[2].

  1. Alan Greenspan:
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