Thursday, August 04, 2005

Who Might Fill Alan's Greenspan's Shoes?

With Alan Greenspan expected to retire as head of the Federal Reserve System next spring, rumors have already started flying in Washington, DC as to his replacement atop the Fed. Joining the list of Ben Bernanke, Martin Feldstein and Glenn Hubbard is ex-National Economic Council member Lawrence Lindsey. In spite of being fired in 2002, Lindsey is considered an option because he foretold the economic slowdown during the early years of the Bush Presidency and for his part in getting the first Bush tax cut through. A potential problem for Lindsey is that many Democrats consider him overly conservative.


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