Alan Greenspan

Economist, Organization leader

1926 –

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Who is Alan Greenspan?

Alan Greenspan is an American economist who served as Chairman of the Federal Reserve of the United States from 1987 to 2006. He currently works as a private adviser and provides consulting for firms through his company, Greenspan Associates LLC. First appointed Federal Reserve chairman by President Ronald Reagan in August 1987, he was reappointed at successive four-year intervals until retiring on January 31, 2006 after the second-longest tenure in the position.

Greenspan came to the Federal Reserve Board from a successful consulting career. Although he was subdued in his public appearances, favorable media coverage raised his profile to a point that several observers likened him to a "rock star". Democratic leaders of Congress criticized him for politicizing his office because of his support for Social Security privatization and tax cuts that they felt would increase the deficit. The easy-money policies of the Fed during Greenspan's tenure has been suggested to be a leading cause of the subprime mortgage crisis, which occurred within months of his departure from the Fed, and has, said the Wall Street Journal, "tarnished his image".

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Born
Mar 6, 1926
Manhattan
Parents
Spouses
Religion
  • Judaism
Ethnicity
  • Ashkenazi Jews
  • Jewish people
Nationality
  • United States of America
Profession
Education
  • Columbia University
  • New York University
  • Juilliard School
  • George Washington High School
Employment
  • Chairman of the Federal Reserve, Federal Reserve System
    (1987/08/11 - 2006/01/31)
Lived in
  • New York City

Submitted
on July 23, 2013

Citation

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"Alan Greenspan." Biographies.net. STANDS4 LLC, 2021. Web. 5 Dec. 2021. <https://www.biographies.net/people/en/alan_greenspan>.

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