Government Policies

Yellen Says Rates ‘Unlikely’ to Return to Pre-Covid Levels

Yellen Says Rates ‘Unlikely’ to Return to Pre-Covid Levels

By Viktoria Dendrinou and Christopher Condon US Treasury Secretary Janet Yellen said it’s “unlikely” that market interest rates will return to levels that prevailed before the Covid-19 pandemic triggered a wave of inflation and higher yields. Asked why White House projections released Monday showed markedly higher expectations for interest rates in coming years compared with projections a year ago, Yellen said the new numbers […]

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Treasury Proposes New Regulations for Residential Real Estate Transactions

Treasury Proposes New Regulations for Residential Real Estate Transactions

By Erik Sherman  Anti-money laundering has become an ongoing topic for the Biden administration. The latest round of reports focuses in part on real estate. As a result, the Treasury Department has proposed new rules that would government CRE transactions. The report addressed real estate as part of a luxury and high-value goods category. “Money laundering through real estate can […]

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