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Former Fed Chair Alan Greenspan Dies at 100

  • Alan Greenspan, who led the Federal Reserve for 18 years, died yesterday at age 100. He is best remembered for his influential role shaping global economic policy during his long tenure at the central bank.
  • President Gerald Ford's administration proved a professional turning point for Greenspan, who served as chair of the Council of Economic Advisers from 1974 to 1977. This role cemented his commitment to public service.
  • Before joining the Fed, Greenspan utilized his consulting background to introduce data-driven analysis to government. He recalled meeting with Ford three or four times weekly, applying the same rigor he previously used for private clients.
  • Later, Greenspan served five consecutive terms as Fed chair under four presidents, including Ronald Reagan and Bill Clinton. He described himself as the "side man" in the band, reflecting an introverted leadership style.
  • His Fed models failed to capture risks leading to the 2008 financial crisis, Greenspan later conceded. He acknowledged that economic reality was "continuously evolving," reflecting on the limitations of his analytical frameworks.
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How Alan Greenspan’s stint as President Ford’s top economic adviser cemented his passion for public service and prepared him to lead the Fed

Alan Greenspan, seated left, said working for President Gerald Ford, sitting next to him, was more interesting than helming the Fed. AP PhotoAlan Greenspan, who died on June 22, 2026, at the age of 100, is best remembered for his 18 years at the helm of the Federal Reserve. What many people don’t know is that an earlier and more obscure stint during the administration of President Gerald Ford shaped him as a public servant. As professors of econ…

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NBC Bay Area broke the news in San Francisco, United States on Monday, June 22, 2026.
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