Greenspan faults Democrats on trade
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Former Federal Reserve Chairman Alan Greenspan on Sunday faulted Democrats, including presidential candidate Sen. Hillary Clinton, for moving away from former President Bill Clinton's embrace of globalization.
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Wall Street stocks traded sharply lower Friday after Federal Reserve Chairman Alan Greenspan gave a warning over the nation&#39;s spiraling trade deficit.
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Federal Reserve chief Alan Greenspan says the US trade deficit cannot be sustained indefinitely.
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The dollar slipped  on Friday, after Federal Reserve Chairman Alan Greenspan's remarks on the U.S. trade gap and on foreign demand for dollar-denominated  assets.
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A top Democratic senator on  Wednesday said lawmakers were concerned about a slide in the  value of the dollar and urged the Bush administration to step  up pressure on China to move to a more flexible exchange rate.
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Former Federal Reserve Chairman Alan Greenspan in a memoir to be released on Monday criticized President George W. Bush and congressional Republicans for abandoning fiscal discipline and for putting politics ahead of sound economics.
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The persistence of bloated U.S. trade deficits over time can pose a risk to the U.S. economy, which thus far has proven resilient, Federal Reserve Chairman Alan Greenspan warned Friday. Policy-makers must not get lulled into a sense of complacency, he said.
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U.S. Federal Reserve Chairman Alan Greenspan said on Friday the United States should cut its budget gap to foster a more balanced pattern of global trade and avoid painful economic consequences.
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US Federal Reserve Chairman Alan Greenspan appeared to be sceptical about the efficacy of any central bank intervention to prop up the dollar.
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Federal Reserve Chairman Alan Greenspan roiled financial markets Friday, saying a widening US trade deficit could scare off foreign investors and dampen the US economy.
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Investors' appetite for U.S. assets  will eventually dwindle and the United States must reduce its  budget deficit to prevent major economic damage, Federal  Reserve Chairman Alan Greenspan said on Friday, in remarks that  hit the dollar hard.
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Democrats signal intention to block trade agreements with South Korea and Colombia.
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Market forces and promised action by  Washington to cut its budget deficit look set to stabilize, and  could cut, the record U.S. trade gap, Federal Reserve Chairman  Alan Greenspan said on Friday.
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Former Federal Reserve Chairman Alan Greenspan, in his new book, bashes President Bush for not responsibly handling the nation's spending and racking up big budget deficits.
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Former U.S. Federal Reserve Chairman Alan Greenspan warned Monday that the American economy might slip into recession by year's end.
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Former Federal Reserve Chairman Alan Greenspan acknowledges he failed to see early on that an explosion of mortgages to people with questionable credit histories could pose a danger to the economy.
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THE WARNING: Federal Reserve Chairman Alan Greenspan cautioned that swollen trade deficits eventually could threaten the economy by souring foreign appetites for investment in the United States.