(FILES) Alan Greenspan, Former Chairman of the Federal Reserve Board, speaks on the current and future state of the US economy at the Economic Policy Conference hosted by the National Association for Business Economics in Arlington, Virginia, on February 24, 2014. AFP PHOTO / Saul LOEB. Greenspan, the longtime US Federal Reserve chief who presided over an unprecedented American economic expansion but was later faulted for failing to rein in financial markets before the 2008 global crisis, died on June 22, 2026, US media reported. (Photo by Saul LOEB / AFP)
Alan Greenspan, the US Federal Reserve chief who served four presidents and was hailed as the architect of the modern American economy, died Monday at age 100.
The influential economist spent more than 18 years heading the US central bank, overseeing unprecedented economic growth, but he was later criticized for fostering conditions that led to the 2008 global crisis.
“Under his leadership, the Federal Reserve achieved a sustained era of price stability that supported economic growth and helped anchor the public’s confidence in the institution,” the central bank said in a statement.
Greenspan’s wife Andrea Mitchell, a veteran correspondent with NBC News, said in a statement that he passed away from complications of Parkinson’s disease.
