Housing Mortgages Information

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...