Greenspan nomination hearing will be 10 June

Federal Reserve Chairman Alan Greenspan will testify next Thursday, 10 June, before the Senate Banking Committee as it considers his nomination for a fifth term at the central bank's helm, the panel said on Thursday 3 June.

The June 10 hearing will be held at 10 a.m., committee spokesman Andrew Gray said.

Bush nominated the 78-year-old Greenspan for a fresh four-year term as chairman of the US central bank on 18 May.