"There is no discussion of that nature at all," Bush told a news conference when asked about a report in the Los Angeles Times last week that he would not reappoint Greenspan due to the chairman's refusal to lower interest rates.
Greenspan's four-year term expires next year.
Bush said, "Now, the question: Am I happy with interest rates? Look, every President would like to see interest rates lower.
"I don't knock the concern some have over inflation. . . . But there's no bubbling war with Alan Greenspan."