The economy has clearly slowed in recent months, in part because of the Federal Reserve's raising of interest rates.
"For right now, there are no storm clouds in my scenario," he said, adding that even a raising of interest rates might be good for stocks.
The paradox now is that we have a lower unemployment rate - very close to 6.5% - but the economy is not actually in good enough shape to back the raising of interest rates.
The raising of interest rates in and of itself does not restore soundness to a currency.
For instance, the raising of interest rates is typically thought by economists to have the dual effects of reducing inflation and reducing employment from what they otherwise would be.
This would be the first step towards the eventual raising of interest rates.
If the bill lands on his desk for a signature, the governor may be in an awkward spot that could raise conflict-of-interest issues.
"These new opportunities raise conflict-of-interest issues and the potential for abuse," Mr. Roye said, adding that the commission was "monitoring carefully" this potential.
The court-appointed monitor for the troubled International Boxing Federation has resigned after less than two weeks, saying his marriage to a federal judge could raise conflict-of-interest questions.
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Unfortunately, General Bolden lacks deep expertise in space science and engineering and his past ties with the aerospace industry will raise conflict of interest problems.
