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Alan Greenspan, the celebrated economist and former Federal Reserve chairman who served under four presidents, has died, The Washington Post reported on Monday. He was 100 years old.
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“He was a giant of a man who helped shape the U.S. economy for decades under presidents of both parties, but was always honest in acknowledging his mistakes,” his wife, NBC correspondent Andrea Mitchell, said in a statement to WaPo. “To me he was my husband, who shaped my life from our very first date in 1984.”
Mitchell said Greenspan died of complications from Parkinson’s disease.
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Greenspan was appointed as Fed chairman by then-President Ronald Reagan in 1987. He remained in the post until 2006 for the second-longest tenure in Federal Reserve history.
Just two years after he left the Fed, the U.S. was hit by the Great Recession of 2008.
This is a developing story and has been updated.
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The post BREAKING: Former Federal Reserve Chief Alan Greenspan Dead at 100 first appeared on Mediaite.
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