As congressional critics push for reform of Wall Street’s lead regulator, Fed Chairwoman Janet Yellen says more of the decisions on bank oversight have shifted to Washington, D.C.
Lawyer Carmen Segarra said she was pressured to change her finding that the way Goldman Sachs managed conflicts of interest was flawed.
Rising rates will obviously send monthly payments higher, but they'll also affect the market in a more unusual way: They're going to hurt all-cash investor purchases of housing, which have been a boon to the most distressed markets.