Alan Greenspan, the former chairman of the Federal Reserve who served from 1987 to 2006, has died at the age of 100, according to a statement from his family. No cause of death was provided.
Greenspan was born on March 6, 1926, in New York City. He studied economics at New York University, earning a bachelor's degree in 1948 and a master's in 1950, and later completed a PhD at NYU in 1977. He worked as an economic consultant before entering public service.
Appointed by President Ronald Reagan, Greenspan led the Fed through periods of economic expansion, the 1987 stock market crash, the dot-com bubble, and the aftermath of the September 11 attacks. He was known for his cautious monetary policy and became a highly influential figure in global economics.
After leaving the Fed, Greenspan wrote memoirs and remained active in economic commentary. His tenure has been both praised for fostering growth and criticized for policies some argue contributed to the 2008 financial crisis.
