© 2026

For assistance accessing the Online Public File for KAXE or KBXE, please contact: Steve Neu, IT Engineer, at 800-662-5799.
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations
The Brainerd translator at 89.9 FM is currently operating at reduced power. We are working toward a solution. Thank you for your patience. Listen at kaxe.org!

Greenspan's Fed legacy was tarnished when millions lost homes during financial crisis

Longtime Federal Reserve chairman Alan Greenspan died Monday at age 100. He's remembered as a master of monetary policy, but his light touch on regulation also set the stage for a financial crisis.

Copyright 2026 NPR

Scott Horsley is NPR's Chief Economics Correspondent. He reports on ups and downs in the national economy as well as fault lines between booming and busting communities.
Creative Commons License
Our stories may be republished online or in print under Creative Commons license CC BY-NC-ND 4.0. We ask that you edit only for style or to shorten, provide proper attribution and link to our site. Please see our republishing guidelines for use of any other photos and graphics.