Chairman Greenspan takes oath of office.Chairman Alan Greenspan Alan Greenspan Dr. Greenspan is Chairman of the Board of Governors of the Federal Reserve System. Dr. Greenspan also serves as Chairman of the Federal Open Market Committee (FOMC), the Fed's principal monetary policymaking body. on June 19, 2004, took the oath of office An oath of office is an oath or affirmation a person takes before undertaking the duties of an office, usually a position in government or within a religious body, although such oaths are sometimes required of officers of other organizations. as Chairman of the Board of Governors of the Federal Reserve System Board of Governors of the Federal Reserve System The managing body of the Federal Reserve System, which sets policies on bank practices and the money supply. for a fifth four-year term commencing on June 20, 2004. The oath was administered by Vice President Dick Cheney at the Colorado home of former President Gerald Ford. Witnesses included President and Mrs. Ford and Chairman Greenspan's wife, Andrea Mitchell Andrea Mitchell (born October 30, 1946) is a journalist, television commentator, and writer. She covers international issues for all NBC News broadcasts, including NBC Nightly News with Brian Williams, Today, and MSNBC. . President Bush nominated Dr. Greenspan on May 18, 2004, and he was confirmed by the Senate on June 17, 2004. He originally took office on August 11, 1987. |
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