Former Fed Chairman Alan Greenspan Dies at 100

Former Fed Chairman Alan Greenspan Dies at 100

N
News Editor
2026-06-22 15:01:30
Alan Greenspan, who led the Federal Reserve for nearly 19 years through multiple crises, passed away at age 100. He was hailed as a crisis helmsman but later criticized for his role in the 2008 financial crisis.
Alan GreenspanFederal ReserveMonetary PolicyFinancial Regulation

Former Federal Reserve Chairman Alan Greenspan died on June 22, 2026, at the age of 100. He served as Fed chief for nearly 19 years under four U.S. presidents, steering the central bank through the 1987 stock market crash, the Asian financial crisis, and the aftermath of the 9/11 attacks. He coined the term “Greenspan put,” reflecting market expectations of Fed intervention during downturns. His market-friendly, low-regulation policies fueled the 1990s economic boom, but also drew criticism for lax financial oversight and failure to address asset bubbles. After the 2008 global financial crisis, many blamed his approach for contributing to the housing bubble. Greenspan’s death marks the end of a pivotal era in central banking, leaving a legacy of both prosperity and controversy.

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