Trump: I want a Federal Reserve Chair like Greenspan

GateNews

2026-01-22 01:38:48

BlockBeats News, January 22 — Trump today stated that he hopes the Federal Reserve Chair candidate will be like Alan Greenspan, who served as chairman for the long term in the 1990s. He does not believe that strong economic growth necessarily leads to inflation or requires rate hikes, and he objects to the market overreacting.

During Greenspan’s tenure, he initially cut rates, then raised them later, and allowed high-risk assets to rise. His policies fueled the tech stock bubble, which, while promoting economic prosperity, also laid the groundwork for the 2000 internet crash. The low-interest environment in later years indirectly contributed to the 2008 housing crisis.

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