Introduction
Fed Chairman Alan Greenspan has been called the second most powerful man in the United States. (Photo Credit: Reuters/Tim Aubry)
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Alan Greenspan, chairman of the Federal Reserve Board, has been called the most powerful man in America, after President Clinton. As head of the nation's influential central bank, Greenspan and the Fed have played a key role in the nation's nearly 10-year record of uninterrupted economic growth. The Fed effectively sets the interest rates that banks charge for loans, which in turn affects the inflation rate. Defenders of the Fed say that by acting aggressively to cool down America's booming economy, Greenspan has kept inflation in check and the expansion going. But critics say the rate hikes were an overreaction that will unnecessarily dampen economic growth. Other analysts say the Fed has too much power and that its deliberations should be more open to the public.
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Jan. 20, 2023 |
The Future of Cryptocurrency |
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Apr. 06, 2018 |
Financial Services Deregulation |
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Sep. 26, 2014 |
Digital Currency |
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Oct. 05, 2012 |
Euro Crisis |
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Jan. 20, 2012 |
Financial Misconduct |
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Jan. 13, 2012 |
‘Occupy’ Movement |
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Oct. 24, 2008 |
Financial Bailout  |
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Sep. 01, 2000 |
The Federal Reserve |
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Jun. 22, 1990 |
S&L Bailout: Assessing the Impact |
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Nov. 04, 1988 |
Behind the S&L Crisis |
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Apr. 26, 1985 |
New Era in Banking |
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Nov. 18, 1983 |
Bankruptcy's Thriving Business |
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Aug. 07, 1981 |
Banking Deregulation |
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Jul. 19, 1974 |
Banking Stability |
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Jul. 17, 1968 |
Banking Innovations |
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May 06, 1964 |
Monetary Policy in Prosperity |
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May 16, 1940 |
Revision of the Securities Acts |
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Feb. 27, 1937 |
Expansion of Branch Banking |
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Sep. 03, 1935 |
The Decline of Commercial Banking |
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Dec. 11, 1934 |
Proposals for a Government-Owned Central Bank |
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Sep. 12, 1934 |
Bank Reserves and Credit Inflation |
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Nov. 27, 1933 |
Bank Credit in Depression and Recovery |
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Aug. 12, 1933 |
Closed Banks and Banking Reform |
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Apr. 04, 1933 |
Unified Control of Banking |
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Apr. 09, 1932 |
The Glass Banking Bill |
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Mar. 24, 1932 |
The Guaranty of Bank Deposits |
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Apr. 17, 1930 |
The International Bank and the Gold Standard |
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Feb. 08, 1930 |
Branch Banking and Chain Banking |
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Apr. 29, 1929 |
Mergers of Banking Institutions |
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Oct. 28, 1927 |
The Federal Reserve Rate Controversy |
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May 21, 1927 |
Labor Banking and Finance Since 1920 |
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Jan. 31, 1924 |
The Northwestern Bank Failures and the Attack on Treasury Savings Certificates |
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Dec. 01, 1923 |
Why State Banks Do Not Join the Federal Reserve System, the Effect on the System and the Issues Involved |
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Nov. 23, 1923 |
Branch Bank Controversy |
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