Washington (May 20, 2004) -- President Bush has re-appointed Alan Greenspan, whose words have been credited with moving markets, as the head of the Federal Reserve Board for yet another term.

If, as expected, his nomination is approved by the Senate, Greenspan, who also serves as chairman of the Federal Open Market Committee, would serve his fifth term as chairman of the board of governors of the Federal Reserve System -- a post he's held since 1987.

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