Greenspan Becomes Federal Reserve Chairman
Alan Greenspan begins his tenure as Federal Reserve chairman, taking leadership of the central bank only weeks before the severe stock-market decline of October 1987.
Role range: 1987-2006
Historical biography archive · Updated 2026-11-03
Alan Greenspan Biography and Timeline
Follow Alan Greenspan through 4 dated historical records for United States of America.
Alan Greenspan, historical timeline
A chronological timeline drawn from matching World History Database records.
4Distinct records
1 of 1Page
1987–2005Years on this page
1987
Black Monday Response
The Federal Reserve pledges liquidity after the largest one-day percentage stock-market fall.
Role range: 1987-2006
1994
FOMC Begins Same-Day Policy Announcements
The Federal Open Market Committee raises its federal funds rate objective and, for the first time, publicly announces a policy decision on the day of the meeting, beginning a major shift toward greater monetary-policy transparency.
Role range: 1987-2006
2005
Federal Reserve
President Bush nominates economist Ben Bernanke to succeed Alan Greenspan as chairman of the Federal Reserve Board when his term expires on January 31, 2006. The legendary Greenspan had served as the Feds chairman for 18 years
Role range: 2001-
Records, sources and methodology
These dates and descriptions come from the historical_events database. Exact duplicate records have been collapsed. Names are grouped by the country, Name 2 and Name 1 fields; records with missing Name 2 cannot be reliably assigned to an individual biography. Check the underlying sources before formal citation.