Category: Economy
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Trump says he would let Fed Chair Powell finish his term if he wins in November, Bloomberg reports
Donald Trump will allow Federal Reserve Chair Jerome Powell to complete his term at the central bank if he won the November election, the Republican presidential candidate told Bloomberg Businessweek in an interview. “I would let him serve it out, especially if I thought he was doing the right thing,” Trump told Bloomberg Businessweek. President Joe Biden…
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Financial crimes watchdog removes Turkey from money laundering ‘gray list’
KEY POINTS The Financial Action Task Force, an international watchdog organization dedicated to combating money laundering and illicit cash flows, on Friday removed Turkey from its “gray list” of countries that need special monitoring, handing a major vote of confidence to the country in the midst of its economic turnaround efforts. “The FATF welcomes Türkiye’s…