Context
Greenspan served as the head of the Federal Reserve for nearly two decades, influencing US monetary policy under four different presidents. S1S3
Key points
- Greenspan was chair of the Federal Reserve from 1987 to 2006. S3
- He served under presidents Ronald Reagan, George H.W. Bush, Bill Clinton, and George W. Bush. S1
- His policies are credited with shaping the modern American economy. S2
- Greenspan's tenure is noted for its length and influence on monetary policy. S3
- Critics have argued that his policies contributed to the Global Financial Crisis of 2008. S3
- He was known for his advocacy of deregulation in financial markets. S2
- Greenspan's death marks the end of an era in US economic policy. S1
- His wife, Andrea Mitchell, is a correspondent for NBC News. S1
Why it matters
- Greenspan's policies have had a lasting impact on the US economy and financial systems. S2
- His leadership style and decisions continue to be studied and debated by economists and policymakers. S3
What to watch
Related live story