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Bush Asks Greenspan to Serve Another Term

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Bush Asks Greenspan to Serve Another Term

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Bush Asks Greenspan to Serve Another Term

Bush Asks Greenspan to Serve Another Term

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  • <iframe src="https://www.npr.org/player/embed/1901294/1901295" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

President Bush asks Alan Greenspan to return for another term as chairman of the Federal Reserve. Bush had previously indicated that he planned to nominate Greenspan for a fifth term. Greenspan, 78, was first nominated to run the Fed in 1987 by Ronald Reagan. NPR's Jim Zarroli reports.