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Bush Asks Greenspan to Serve Another Term 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.

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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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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.