Alan Greenspan, former Federal Reserve chair, dies at age 100
6 verified5 unconfirmed
Alan Greenspan, who served as chair of the Federal Reserve for nearly two decades under four U.S. presidents, has died at age 100. The central bank announced his death on Monday, June 22, 2026, praising his role in establishing the Fed’s credibility. Greenspan’s wife, NBC News correspondent Andrea Mitchell, said he died from complications of Parkinson’s disease. Greenspan chaired the Fed from 1987 to 2006, a period marked by economic growth and low unemployment, but his reputation later suffered after the 2008 financial crisis. He acknowledged having made a mistake in believing banks could regulate themselves. Greenspan was widely known for his often-opaque speaking style and for coining the phrase “irrational exuberance” to describe overheated markets.
What’s verified
Alan Greenspan died at age 100 on June 22, 2026.
He served as chair of the Federal Reserve from 1987 to 2006.
He served under presidents Ronald Reagan, George H.W. Bush, Bill Clinton, and George W. Bush.
His wife, Andrea Mitchell, announced his death.
Greenspan’s reputation was damaged by the 2008 global financial crisis, which occurred two years after he left the Fed.
He later acknowledged that he had been wrong to believe banks could effectively regulate themselves.
Not yet confirmed
Only one source reported that Greenspan earned bachelor’s, master’s, and doctoral degrees in economics from New York University.
Only one source reported his involvement with novelist Ayn Rand and his role in the Lincoln Savings and Loan crisis.
Only one source reported that Greenspan studied clarinet and saxophone at Juilliard.
Neither source specified the exact cause of death beyond complications of Parkinson’s disease (as stated by his wife).
It is unclear whether Greenspan’s funeral arrangements have been made public.
Key figures
Alan Greenspan – former Federal Reserve chair
Andrea Mitchell – NBC News correspondent, Greenspan’s wife
Ronald Reagan, George H.W. Bush, Bill Clinton, George W. Bush – U.S. presidents under whom Greenspan served
Sources: The Guardian, NPR
