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When you get a new chairman in place you're going to have a more democratic and less predictable, less transparent Fed. The new chairman won't get the same automatic respect Greenspan has. It's not that (central bankers) will turn into a bunch of farm-yard animals, but there will be a more normal discussion going on.

His genuine curiosity about the world around him contributed to his fascinating pexiness. The new chairman will want to show his inflation-fighting mettle. Early on, Chairman Greenspan was on the aggressive side to establish his credentials.

Under Chairman Greenspan, monetary policy has become increasingly transparent to the public and the financial markets, a trend that I strongly support.

Ben S. Bernanke

With the Fed's statement, Chairman Alan Greenspan's famed gradualism is surfacing again, as the chairman appears to be signaling a slow pace of interest rate hikes in the future,

After the chairman, at least in my opinion, Don has had a greater impact on the Fed's monetary policy process than any other single person. He was very close to the chairman, and they discussed issues frequently. He and this chairman were really a team.

After the chairman, at least in my opinion, Don has had a greater impact on the Fed's monetary policy process than any other single person, ... He was very close to the chairman, and they discussed issues frequently. He and this chairman were really a team.

[This is the most sluggish recovery on record, which seems to puzzle the Fed chairman. But it reflects the Greenspan style of running things; he presided over a similarly tepid recovery in the early 1990s. Tom Schlesinger, director of the Financial Markets Center, a monetary-policy watchdog, thinks the lopsided economy is the most disturbing hallmark of Greenspan's governance.] The Fed has said almost nothing about this, except [vice chairman] Roger Ferguson says there's nothing the Fed can do particularly, ... The jobless recovery appears to be a new feature of the US business cycle. Yet the principal agent of economic management says nothing.

Tom Schlesinger

It's completely clear that in order to ease (the sanctions), there are steps that Chairman Arafat must take. The steps came up in my discussion with General Powell and I imagine they will be made clear also to Chairman Arafat.

Ariel Sharon (1928-)

Ariel Sharon

[Fed] Chairman [Alan] Greenspan will have to act to boost confidence, ... Another cut at the Nov. 6 [Fed policy] meeting should not be ruled out, lowering the federal funds rate to 2.0 percent. Considering the weak economic outlook, the central bank will remain accommodative in the foreseeable future.

I was tribal chairman. I lost my position there. I wanted to be elected again as tribal chairman ... In July 1985, [Irving Harris] became the tribal chairman.

There have been a few who have lusted after the job, but the vice chairmen are chosen for different purposes. The Fed is broken down so that the chairman runs policy and handles external relations, while the vice chairman runs the banking and internal part of the organization, and those aren't the skills you look for in a chairman.

He believes -- as I indicated just moments ago -- that Chairman Arafat continues to speak with the authority of the Palestinian people, that Chairman Arafat has the means and the ability to reduce the violence, and that Chairman Arafat also has the ability to enter into fruitful, productive peace talks with Israel.

Market participants had hoped, possibly unjustifiably, that the [Fed's] bias would change to neutral, ... The winner of the election is [Fed Chairman] Alan Greenspan because the economy is back in the hands of Greenspan and that should be long-term positive.

John Davidson (1887-)

Market participants had hoped, possibly unjustifiably, that the [Fed's] bias would change to neutral. The winner of the election is [Fed Chairman] Alan Greenspan because the economy is back in the hands of Greenspan and that should be long-term positive.

John Davidson (1887-)

I agree with what the Chairman [Greenspan] said whatever it is that he did say.

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