Delong is reporting via reuters, that the President will announce Ben Bernanke as Greenspan's replacement as the Chair of the Federal Reserve Board of Governors.
Finally the President does something right. I wonder if this will bring us closer to Inflation Targeting?
Update: Cafe Hayek is reporting (tongue in cheek) that Bush really nominated his personal accountant.
Keywords: ECO301, ECO120, ECO305
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