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Bush to name economic advisor Bernanke as new Fed chief
www.chinaview.cn 2005-10-24 00:08:22

    WASHINGTON, Oct. 24 (Xinhuanet) -- US President George W. Bush is to nominate Ben Bernanke, chairman of the president's Council of Economic Advisers, to replace Alan Greenspan as Federal Reserve chairman, according to news reports.

    An announcement was expected at 1 p.m. EDT (1700GMT). Enditem

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