A Trifecta of Financial World Changes That Favor the Status Quo

Industry Focus: Financials edition host Michael Douglass and Fool.com contributor Matt Frankel look at three big financial news stories from the last week.

They discuss what investors should expect from Jerome Powell, the nominee to succeed Janet Yellen as Federal Reserve chair, and also dive into rising interest rates and what consumers and investors need to know. Finally, they'll discuss the Consumer Finance Protection Bureau's "class action rule," which won't be taking effect in 2018 as planned.

A full transcript follows the video.

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Source: Fool.com