Greenspan could stay on longer at Fed

The US administration of George W. Bush is considering whether to encourage Federal Reserve Chairman Alan Greenspan to stay for at least a few months beyond the 31 Jan expiration of his term, the Washington Post reported this week.

The report said the move would give the White House more time to broaden the search for a successor, looking beyond the academic and policy worlds to the corporate world.

A short extension might be attractive to Greenspan because if he remains as the helm until May 1

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