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News 2026-06-22 14:43 UTC

Alan Greenspan, former chairman of the Fed, dies at age 100

Alan Greenspan presided over the Federal Reserve for 19 years under four presidents, from Presidents Reagan to George W. Bush. His comment in 1996 about investors' "irrational exuberance" initially shocked the markets, but the bubble didn't burst until 2001. "With a couple of choice words he can momentarily send the st