Alan Greenspan retired from his prominent role as Chair of the Federal Reserve in 2006 and has since dedicated his time to writing, consulting, and sharing his insights on economics.
Retirement from the Federal Reserve
After serving for more than 18 years as the Chair of the Board of Governors of the Federal Reserve, Alan Greenspan officially retired on January 31, 2006. His tenure was one of the longest in the institution's history, during which he became a highly influential figure in global finance. Following his retirement, he was succeeded by Dr. Ben S. Bernanke.
Post-Retirement Endeavors
Since stepping down from the Federal Reserve, Greenspan has remained an active voice in economic discussions and pursued several significant ventures:
His Memoir
One of Greenspan's notable post-retirement activities was the publication of his memoir.
- Title: The Age of Turbulence: Adventures in a New World
- Content: The book offers his perspectives on his career, key economic events, and global financial systems. It provides an in-depth look at his experiences leading the U.S. central bank through various economic cycles.
Consulting Work
After leaving public service, Alan Greenspan established his own private consulting firm.
- Firm Name: Greenspan Associates LLC
- Location: Based in Washington D.C.
- Focus: The firm provides strategic consulting and advisory services, leveraging Greenspan's extensive experience and knowledge in finance and economics.
Key Highlights of Alan Greenspan's Later Career
| Event | Details |
|---|---|
| Retirement from Federal Reserve | January 31, 2006, after more than 18 years as Chair. Replaced by Ben Bernanke. |
| Memoir Publication | Published The Age of Turbulence: Adventures in a New World. |
| Consulting Firm Established | Founded Greenspan Associates LLC, a Washington D.C.-based consulting firm. |
Greenspan's post-Fed career underscores his continued engagement with economic policy and analysis, transitioning from a public servant to an influential author and private consultant.
