Alan Greenspan was the chair of the Federal Reserve from 1987 to 2006. None of the other choices are correct - he was never Secretary of the Treasury, did not deny flaws in his understanding of the financial world, and did testify before Congress.

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Alan Greenspan

Question 37

Multiple Choice

Alan Greenspan

A) was Secretary of the Treasury during the administration of President Bill Clinton.
B) was Secretary of the Treasury during the administration of President George W. Bush.
C) was chair of the Federal Reserve from 1987 to 2006.
D) denied in Congressional testimony that there were any flaws in his understanding of the financial world.
E) managed, despite his importance to the U.S. economy, never to testify before Congress.

Correct Answer: