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...Professor Feldstein were head-and-shoulders the leading candidate [for the Fed chair]...the White House team would be digging into his role at AIG pretty vigorously,” he said, adding that he has no inside knowledge of White House preferences. “I think they’re probably looking into it at some degree right...
Feldstein’s experience in academia and his relationship with current administration officials have led many to speculate that when the seat of the Fed chair is vacant next January, President Bush will turn to Martin Feldstein to head the nation’s central bank...
...Explaining to the public the costs of even modest rates of inflation is a vital part of Fed communication,” he wrote...
Hubbard is mentioned as one of the top contenders for the Fed job alongside Ben S. Bernanke ’75, a governor of the U.S. Federal Reserve Board who has been nominated to be the next chairman of the CEA and Feldstein, who was chairman of the CEA under President Reagan. (See related stories Monday and Friday...
...Fed has obligations beyond manipulating the money supply. They target inflation, but they also have a growth mandate,” Alder notes...