COLUMBIA BUSINESS SCHOOL DEAN GLENN HUBBARD TELLS FOX BUSINESS NETWORK THAT IT IS “PREMATURE SPECULATION” ON TO WHETHER ROMNEY WILL ASK HIM TO BE CHAIRMAN OF THE FEDERAL RESERVE

Mitt Romney

Columbia Business School Dean Glenn Hubbard spoke to FOX Business Network’s (FBN) Lori Rothman about the rumors GOP presidential candidate Mitt Romney will nominate him to replace Ben Bernanke as Federal Reserve Chairman if he wins the election. Hubbard stated that the rumors are just “premature speculation” and the vital thing is “fixing the economy.”

Excerpt below:

On if he were to accept the Federal Reserve Chairman position:

“That’s a premature speculation and is entirely up to Governor Romney and if he were President Romney. The important thing is fixing the U.S. economy.”