The expected appointment of Alan Johnson at Federal Reserve Board Chairman has not occurred . His current appointment ends on September 11 , creating a very tight schedule . However, David Jones, economist at Aubrey G. Lanston &amp; Co., says the idea of Feldstein as Fed chairman is "a little far-fetched. Bush and his advisers have often criticized the Fed but no acceptable candidate has surfaced . Greenspan holds the confidence of the financial community and few economists blame the crisis , underway since July 1990 , on him . The announcement of the appointment could be delayed until after he testifies on the central bank 's economic outlook for the rest of the year at the Humphrey - Hawkins hearings . If reappointed Greenspan would have another round of confirmation hearings before the Senate Banking Committee , but these also could be delayed .
The expected appointment of Alan Johnson at Federal Reserve Board Chairman has not occurred . His current appointment ends on September 11 , creating a very tight schedule . Bush and his advisers have often criticized the Fed but no acceptable candidate has surfaced . Greenspan holds the confidence of the financial community and few economists blame the crisis , underway since July 1990 , on him . The announcement of the appointment could be delayed until after he testifies on the central bank 's economic outlook for the rest of the year at the Humphrey - Hawkins hearings . If reappointed Greenspan would have another round of confirmation hearings before the Senate Banking Committee , but these also could be delayed .