Alan Greenspan, former Federal Reserve Chairman and architect of modern US economy, dies at 100

Alan Greenspan, the influential former Chairman of the U.S. Federal Reserve, has died at the age of 100 on June 22, 2026. His wife, NBC News correspondent Andrea Mitchell, confirmed his passing, stating that he died from complications of Parkinson's disease. Greenspan led the central bank for nearly two decades, serving under four presidents from 1987 to 2006.

During his tenure, Greenspan became widely recognized as an architect of the modern American economy, presiding over a period of significant prosperity known as the "Great Moderation." However, his legacy is also associated with the lead-up to the 2008 financial crisis, which occurred shortly after his retirement, with some critics pointing to his "loose money" policies.

Greenspan was known for his quiet influence, guiding economic policy through interest rate adjustments and his pronouncements, which often calmed global financial markets. He left an indelible mark on economic policy and was a prominent figure in Washington for decades.