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Release Date: April 23, 2003

For immediate release

Statement by Federal Reserve Chairman Alan Greenspan in response to the President's comments on his term in office:

The President and I have not discussed this but I greatly appreciate his confidence. I have been privileged to be appointed by five Presidents to various positions. If President Bush nominates me, and the Senate confirms his choice, I would have every intention of serving.

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Last update: April 23, 2003