[20060201]RS22271_格林斯潘主席从美联储退休.pdf

1 See CRS Report RL30354, Monetary Policy: Current Policy and Conditions, by Marc Labonteand Gail Makinen; and CRS Report RS20949, The Federal Reserve: Recurrent Public PolicyIssues, by Marc Labonte. Congressional Research Service The Library of CongressCRS Report for CongressReceived through the CRS WebOrder Code RS22271Updated February 1, 2006Chairman Greenspans Retirement from theFederal ReserveMarc LabonteSpecialist in MacroeconomicsGovernment and Finance DivisionSummaryChairman Alan Greenspans non-renewable term as governor on the Board of theFederal Reserve System (Fed) expired on January 31, 2006. On the same day, theSenate confirmed President Bushs nomination of Ben Bernanke to be Greenspanssuccessor. Bernanke has been Chairman of the Presidents Council of EconomicAdvisers, a Fed governor, and professor of economics at Princeton University. TheFederal Reserve is responsible for setting the nations monetary policy, among otherduties. This report briefly outlines Chairman Greenspans legacy and some of the issuesfacing his successor. It will not be updated.On January 31, 2006, Alan Greenspan retired from the Board of Governors of theFederal Reserve System (Fed). On October 24,