OT: Senate OKs Greenspan for 4th Term

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http://dailynews.yahoo.com/h/ap/20000203/ts/economy_greenspan_3.html

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Thursday February 3 11:21 AM ET

Senate OKs Greenspan for 4th Term

By MARTIN CRUTSINGER AP Economics Writer

WASHINGTON (AP) - A day after boosting borrowing costs for millions of Americans, Federal Reserve Chairman Alan Greenspan won Senate confirmation today for a fourth term as head of the nation's central bank.

The Senate voted 89-4 to approve the nomination of Greenspan, 73, for a four-year term that will run into 2004.

Greenspan was praised as the ``greatest central banker in the history of the world,'' by the Senate Banking Committee chairman, Sen. Phil Gramm, R-Texas, and President Clinton's nomination of the Republican economist enjoyed bipartisan support. . . .

-- I'm Here, I'm There (I'm Everywhere@so.beware), February 03, 2000


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