During the Boom, Greenspan Never Attended His Own Consumer Advisory Council’s Meetings
By the way, if you’re going through the transcripts of the Consumer Advisory Council, you’ll see that Fed Chairman Ben Bernanke attends the meetings, which are
Jul 31, 202020.8K Shares2.6M Views
By the way, if you’re going through the transcripts of the Consumer Advisory Council, you’ll see that Fed Chairman Ben Bernanke attends the meetings, which are held three times a year in Washington, D.C.
We were curious: During the boom, did former Fed Chairman Alan Greenspan ever go to the meetings? Maybe rub elbows with consumer advocates who were soundingthe alarms over high-rate subprime mortgages?
Our researcher, Rachel Hartman, got some limited info from the Fed. From 2000 to the end of his term in 2006, Greenspan never attended a single CAC meeting.
Camilo Wood
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Camilo Wood has over two decades of experience as a writer and journalist, specializing in finance and economics. With a degree in Economics and a background in financial research and analysis, Camilo brings a wealth of knowledge and expertise to his writing.
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