Federal Reserve – California Globe

Marni von Wilpert’s Record on Immigration and Housing Faces New Scrutiny Amid Falling Rents

June 25, 2026 9:14 amJune 25, 2026 9:14 am

A new report from the Federal Reserve highlights the role unauthorized immigration played in driving up housing costs in recent years. The study found that unauthorized immigration accounted for roughly 30% of house-price growth and 20% of rent growth in...

Rents Decline with Increased Border Security and Immigration Enforcement

November 4, 2025 2:33 pmNovember 4, 2025 2:38 pm

You don’t need to be an economics major to understand the cause and effect of Supply and Demand. The more Demand, the less Supply–which causes prices to increase. The less Demand causes more Supply, therefore prices decrease. This common sense...

SVB Depositors Made Whole by Fed

March 12, 2023 8:26 pmMarch 12, 2023 9:47 pm

Silicon Valley Bank was closed Friday by the California Department of Financial Protection and Innovation, with the FDIC in charge of liquidation, the Globe reported. SVB was one of the largest banks in the country and one of the premier banks...