Obituary: Former Federal Reserve Chairman Alan Greenspan Dies at 100
WASHINGTON, D.C. (June 22, 2026) — Alan Greenspan, the influential economist who served as the 13th Chair of the Federal Reserve for nearly two decades, has passed away at the age of 100. His wife of 29 years, NBC News correspondent Andrea Mitchell, confirmed that Greenspan died on Monday at his home due to complications from Parkinson's disease. Appointed as Fed Chairman by President Ronald Reagan in 1987, Greenspan steered the nation's monetary policy through five terms under four U.S. presidents, marking the second-longest tenure in the role's history. Under his leadership, the Federal Reserve navigated a sustained era of economic expansion, low unemployment, and price stability, though his legacy was later scrutinized for the loose regulatory environment that preceded the 2008 financial crisis. He is widely remembered for his economic stewardship, his famous caution against 'irrational exuberance' in 1996, and his enduring impact on global financial systems.

