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The Atlantic | Alan Greenspan Was ‘Not Quite God’ by Annie Lowrey AI generated summary, Read the full article for complete information. Alan Greenspan, who died at 100, shaped the Federal Reserve’s reputation for independence and stability during his 1987‑2006 tenure, steering the economy through Black Monday, the early‑1990s recession, the dot‑com bubble and the Asian financial crisis while fostering a prolonged period of price stability and “great moderation” that bolstered public confidence; his understated, sometimes cryptic communication earned him a semi‑mythic “not quite God” status, but his faith in lightly regulated markets left the Fed vulnerable to the 2008 crisis his successor Ben Bernanke inherited, and although later chairs such as Jerome Powell acted decisively during COVID‑19, the era’s growing anti‑institutional sentiment and partisan politics now threaten the very independence Greenspan fought to preserve. Read more: https://www.theatlantic.com/ideas/2026/06/alan-greenspan-fed-independence/687687/?utm_source=feed #AlanGreenspan #FederalReserve #Fed #BenBernanke #UnitedStates

Times of India | Who is Kevin Warsh, the former banker set to lead US Federal Reserve? AI generated summary, Read the full article for complete information. Kevin Warsh, a longtime Republican economic adviser and former Federal Reserve governor, has been confirmed as the next chair of the U.S. Federal Reserve after a closely contested Senate vote (54‑45), succeeding Jerome Powell at President Donald Trump’s request. Warsh, who earned a reputation as an inflation hawk but has recently aligned with Trump’s view that AI‑driven productivity can sustain growth without reigniting inflation, will inherit a central bank facing persistent price pressures above its 2 % target and higher energy costs linked to the Iran conflict. Though he promises to keep the Fed independent despite political pressure, internal debate continues over whether rates should stay high to curb inflation or be cut to support the economy. Warsh’s resume includes investment banking at Morgan Stanley, service as an economic aide to President George W. Bush, the youngest Fed governor (2006‑2011), and current work at Stanford’s Hoover Institution; he is also noted for his ties to billionaire investor Stanley Druckenmiller and his marriage to Jane Lauder. Read more: https://timesofindia.indiatimes.com/business/international-business/who-is-kevin-warsh-the-former-banker-set-to-lead-us-federal-reserve/articleshow/131079482.cms #KevinWarsh #DonaldTrump #JeromePowell #JohnFetterman #GeorgeBush #BenBernanke #StanleyDruckenmiller #MorganStanley #FederalReserve #SpaceX # #GeorgeWBush