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WASHINGTON (AP) - Now that he's tackled the Supreme Court openings, President Bush is preparing for another high-profile nomination: a successor to Alan Greenspan, whose 18-year run at the Federal Reserve comes to an end in just over three months.
Often referred to as the second-most powerful person in the United States, Greenspan's last day is expected to be Jan. 31.
Speaking at a wide-ranging news conference on Tuesday, Bush touched briefly on the White House's efforts to select a new Fed chairman. He called the process to find Greenspan's replacement "ongoing."
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