Alan Greenspan Obituary, WASHINGTON, D.C. — Alan Greenspan, the former Chairman of the United States Federal Reserve and one of the most influential economic policymakers of the modern era, has died at the age of 100 due to complications from Parkinson’s disease, according to a statement from his wife, journalist Andrea Mitchell.
Greenspan passed away on June 22, 2026, marking the end of a career that shaped American monetary policy for nearly two decades. He served as Federal Reserve Chair from 1987 to 2006 under four U.S. presidents: Ronald Reagan, George H.W. Bush, Bill Clinton, and George W. Bush.
Appointed during a period of economic uncertainty, Greenspan quickly became known for his steady leadership and cautious approach to inflation control. His tenure included navigating major financial events such as the 1987 stock market crash, the early 1990s recession, the dot-com boom, and the economic aftermath of the September 11 attacks.
Often referred to as “The Maestro” for his influence over global financial markets, Greenspan was widely credited with helping sustain long periods of economic growth and stability during what became known as the “Great Moderation.” However, his legacy remains debated among economists.
In later years, critics argued that his policies contributed to financial imbalances that played a role in the 2008 global financial crisis. Greenspan himself later acknowledged that he had underestimated risks in financial markets and the limits of self-regulation in banking systems.
Born in New York City in 1926, Greenspan initially pursued music studies at the Juilliard School before turning to economics, eventually earning advanced degrees from New York University. His early career included private consulting and government service before rising to national prominence.
Following his retirement from the Federal Reserve in 2006, he remained active in public discourse through writing, consulting, and economic commentary. He was also known for his marriage to journalist Andrea Mitchell, who confirmed his passing.
Alan Greenspan leaves behind a complex and enduring legacy as both a celebrated architect of modern monetary policy and a controversial figure whose decisions continue to shape economic debate. He is remembered as one of the most powerful central bankers in history.
May he rest in peace.
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