Greenspan controlled the FOMC duplicitously: he would poll members in turn, only propose a funds-rate change if he had the votes, and otherwise leave policy unchanged—using the going-around-the-table procedure to read whether he had support before committing.
factualpending
Speaker
Michael BelongiaEvidence Quote
“Greenspan exercised his control in a very duplicitous way”
Created: 6/15/2026, 9:37:51 AM
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