Greenspan Says Regulator Role Will Undermine Fed's Credibility

In an interview on CNBC, Former Federal Chairman Alan
Greenspan
warned that if the Federal Reserve is given a role to
oversee the financial system it could undermine its credibility.

Greenspan said the US is facing a “once in a century
crisis
.” He warned that the U.S. teeters on the brink of
recession…

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