Former Fed Chair Alan Greenspan Dies at 100
- On Monday, June 22, 2026, former Federal Reserve Chairman Alan Greenspan died at age 100 at his Washington, D.C. home from complications of Parkinson's disease, his wife, NBC News correspondent Andrea Mitchell, said.
- President Ronald Reagan appointed Greenspan to lead the Federal Reserve in 1987, where he served five terms until 2006, earning the nickname 'the Maestro' for guiding the U.S. through sustained economic growth and the 1987 market crash.
- Greenspan famously employed 'Fedspeak,' an intentionally cryptic language, to manage market expectations without providing direct policy guidance; his 1996 warning about 'irrational exuberance' sent global stock markets lower.
- The 2008 financial crisis prompted widespread criticism of Greenspan's hands-off regulatory approach; in congressional testimony, Greenspan admitted he had 'found a flaw' in his belief that banks could effectively self-regulate.
- Mitchell remembered him as 'a giant of a man' who was 'honest in acknowledging his mistakes,' reflecting a legacy of celebrated economic stewardship mixed with criticism linked to the Great Recession.
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This American finance giant will have presided over the Fed for 18 years: he experienced the financial crash of 1987 and the bursting of the Internet bubble.
Sydney Morning Herald
ASX set to rise, SpaceX weighs on Wall Street; Former Fed chair Greenspan dies at 100
US stocks are drifting near their records in mixed trading after trading resumed following a three-day weekend for Wall Street.
Former U.S. Federal Reserve chief Alan Greenspan is dead. He died at the age of 100 years, as the Federal Reserve reported. From 1987 to 2006 Greenspan had led the central bank and had a significant influence.
Alan Greenspan, Influential Economic Policymaker Whom I Once Terrified At A Party, Is Dead
Alan Greenspan died Monday. The longtime Fed chairman was once hailed as the most powerful man in the world. Greenspan was 100 years old. Back to me: A couple of cool, smart, and nice D.C. friends of mine wrote a book that came out in the summer of 2009, and other cool, smart, and nice D.C. friends threw them a party. Some of the most powerful people in the city, meaning some of the most powerful people in the world, were invited. They also put …
Until the financial crisis, Alan Greenspan was undisputed. Afterwards, fame began to crumble.
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