Bernanke won't advise on Fed chairman choice

Ben Bernanke said on Monday he will not be involved in advising President George W. Bush on whom he should pick to succeed Alan Greenspan as chairman of the Federal Reserve.

The comment by Bernanke, chairman of Bush's Council of Economic Advisers, reinforces the widely held view in financial markets that the former Fed governor is on the president's short list of candidates to succeed Greenspan, 79, who is expected to leave the Federal Reserve next January after 18 years in the post.

Former Whi

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