Alan Greenspan, the former chairman of the Federal Reserve, has died at the age of 100, according to reports confirmed by his wife, Andrea Mitchell. He passed away at home on Monday morning from complications related to Parkinson’s disease.
Greenspan was one of the most influential figures in modern U.S. economic policy, leading the Federal Reserve for nearly two decades across five terms and serving under four presidents. He was often praised for helping guide long stretches of economic growth, while later drawing criticism for policies some analysts linked to the housing bubble and financial crisis.
His death marks the end of a long public career that shaped monetary policy for an era. Remembered both as a celebrated strategist and a polarizing figure, Greenspan left a lasting imprint on the Federal Reserve and global finance.
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(Source: CNBC | New York Post)