Alan Greenspan

The economic recovery seems to be for real. All of the fears of a double dip recession appear to have subsided. Former Federal Reserve Chairman Alan Greenspan believes that momentum is building in the US economy. He sees it as highly unlikely that a double dip recession will occur. This leads to...

Bloomberg reports that Lawrence Summers, the White House economic adviser, believes that the U.S. economy has started to gain momentum and companies will start hiring at top pace in the coming months as the economy continues to show signs of recovery after the worst recession since 1930. In an...

Former Fed Chairman Alan Greenspan sounded upbeat on the prospects for the U.S. economy in an ABC interview today. Mr. Greenspan told ABC's "This Week" that "economic momentum is really just beginning, and it's got a way to go." He pointed out that corporate investment is coming back strongly after...

The Wall Street Journal reports that Donald L. Kahn, the 67-year old vice chairman of the Federal Reserve Board, will step down from the post at the end of his term in June. Daniel Tarullo, a former Georgetown University law professor whom Mr. Obama named to the Fed board last year, is being...