By Yali N'Diaye

WASHINGTON (MNI) - An investigation by the Senate Permanent Subcommittee on Investigations has found that Goldman Sachs massively bet against securities it assembled and marketed, as well as against the broader mortgage market throughout 2007.

WASHINGTON (MNI) - As the U.S. Senate Monday evening prepares to hold a cloture vote on whether to begin debate on financial regulatory reform legislation, the White House released the following statement:

The Administration strongly supports Senate passage of S. 3217. The President has called on the Congress to enact far-reaching Wall Street reform legislation to overhaul the Nation's financial system in the wake of the recent financial crisis, setting forth clear objectives and principles that were endorsed by congressional leaders.

By Dennis Pettit

NEW YORK, April 26 (MNI) - The dollar was trading with a slightly soft tone in afternoon dealings Monday, slipping modestly vs. the euro and the yen amid generally lethargic trading conditions as markets continue to fret over the Greek fiscal crisis.

By Dennis Pettit

NEW YORK, April 26 (MNI) - The dollar was trading with a slightly soft tone in afternoon dealings Monday, slipping modestly vs. the euro and the yen amid generally lethargic trading conditions as markets continue to fret over the Greek fiscal crisis.

By John Shaw

WASHINGTON (MNI) - The following is the text of a release from the Federal Reserve Bank of Dallas with comments by its President Richard Fisher, following the publishing of its 2009 Annual Report Monday:

Effective monetary policy hinges on the Federal Reserve retaining its bank regulatory role and its independence from political pressures, says Federal Reserve Bank of Dallas President and CEO Richard W. Fisher in the Bank's 2009 Annual Report.

By Steven K. Beckner

(MNI) - Federal Reserve policymakers will be under no pressure to make a monetary policy shift or to signal one after two days of meetings this week, but members of the Federal Open Market Committee will have some important communication challenges before them.

The FOMC is highly unlikely to change its target for the federal funds rate from the zero to 25 basis point range where it has been since December 2008.

By John Shaw

WASHINGTON (MNI) - As the Senate takes the first of several critical votes on financial regulatory reform Monday evening, it appears that Monday's vote is more likely to intensify ongoing negotiations between Democratic and Republicans leaders than resolve key issues.