Three potential Fed slots.

• Position: Off the News - Brief Article

Most Washington observers fixate on the Bush Administration's coming opportunity to influence the future makeup of the U.S. Supreme Court. Yet over the next eighteen months the Bush team will enjoy perhaps an even greater opportunity to shape the Board of Governors of the Federal Reserve. White House insiders note that to date no less than three Fed board slots are expected to become vacant. To begin, the seat held by Chairman Greenspan becomes available at the start of 2006 (assuming a replacement can be named and confirmed by that time). Newly appointed Chairman of the Council of Economic Advisors Ben Bernanke's seat is open. By the end of the year, the seat of Democratic appointee Ed Gramlich...