It's a technical, fairly difficult job that has no particular political connotations, so I doubt there are any big campaign contributors dying to be on the Fed. And remember, it doesn't pay very well, certainly by Republican standards.
More Quotes from Alice Rivlin:
The increase in inequality in income is a longtime trend, but the pressure on middle- and low-income workers is going up rapidly. Especially if they live in an area where there are high housing and gas prices, like California.Alice Rivlin
it will be a good long time before there's upward pressure on prices or wages.
Alice Rivlin
It's something we're watching, but not with great concern, ... I think there is room in the world for another major currency and this was one is certainly welcome.
Alice Rivlin
They've been excellent appointments. These people are in the tradition of strong, well-qualified, non-ideological economists.
Alice Rivlin
The most nervous-making point at the moment is Brazil, ... The international economy rallied around Brazil and hopes very much the Brazilians will be able to fulfill their part of the bargain with the IMF (International Monetary Fund) and keep their economy from going under.
Alice Rivlin
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