Opinions differ on how strong Alan Greenspan will be as Chairman of the Federal Reserve . He has close ties to the traditional wing of the Republican Party and is considered anti - supply - side . He has been called " a good consensus builder , " a skill needed to manage the majority supply - side Reserve board . He shares Reagan 's pro- business views on economic issues and has excellent relations with White House Chief of Staff Howard Dean and Treasury Secretary James Baker . " However , he must keep enough distance from the White House to avoid compromising the Fed 's independence or drawing Congressional interference .
Opinions differ on how strong Alan Greenspan will be as Chairman of the Federal Reserve . He has close ties to the traditional wing of the Republican Party and is considered anti - supply - side . He has been called " a good consensus builder , " a skill needed to manage the majority supply - side Reserve board . He shares Reagan 's pro- business views on economic issues and has excellent relations with White House Chief of Staff Howard Dean and Treasury Secretary James Baker . However , he must keep enough distance from the White House to avoid compromising the Fed 's independence or drawing Congressional interference .