Charles Schwab and the Palace Epstein Tried to Buy Days Before His Arrest
Long after his 2008 conviction for procuring a minor for prostitution and just days before his final arrest in 2019, Jeffrey Epstein had his eyes on a palace in Morocco. He wanted to buy it, but he needed help.
Lawmakers Question Bowman on Fed Reforms
A group of six Senate Democrats is demanding that the Federal Reserve turn over information about the ongoing overhaul of its bank supervision division following reports of internal tension linked to staff cuts and the alleged sidelining of examiners.
Albania’s Latest Corruption Scandal Could Complicate Rama’s EU Plans
There has been visible discontent with Albania’s government in recent weeks, with protestors hurling petrol bombs at government buildings and calling out Prime Minister Edi Rama by name.
Pardoned and Poolside: Zhao Returns to U.S. for Crypto Summit
Changpeng Zhao, the founder of crypto exchange Binance who was pardoned by President Trump in October, returned to the U.S. this week and attended a Trump-backed crypto conference alongside the president’s sons and senior administration officials.
‘Absolutely F***ing Nuts’: Ex-Honduran Leader Got Free Waldorf Stay After Pardon
Last December, the Trump administration moved swiftly to free former Honduran President Juan Orlando Hernández after President Donald Trump granted him an unexpected pardon for his 2024 conviction on bribery and drug-trafficking charges. Few would’ve predicted what happened next.
Epstein Revelations Spur Criminal Investigations and an Ex-Royal Arrest
The fallout of the release of the Epstein Files continued this week, with emergence of new details of the deceased sex trafficker’s finances, the launch of additional investigations into suspicious money flows and related sexual-abuse allegations, and the arrest of a former British royal.
Florida Officials Put Sanctions Pressure on Businesses with Cuban Ties
South Florida Republican officials are pressing for tougher scrutiny of businesses that send goods or provide services linked to Cuba, the Miami Herald reported.
U.S. Oversight of MSBs is Weakest in Years as Crypto Usage Surges
Cryptocurrency usage is surging in the United States. You wouldn’t know that from the number of federal examiners tasked with supervising the industry for anti-money-laundering (AML) compliance though.
Two Associates of Ex-EU Commissioner Charged as Dirty-Money Probe Grows
Belgian prosecutors have charged two people close to former European Commissioner Didier Reynders as part of a money-laundering investigation that until now had focused on Reynders alone.
Hurley Set to Exit Treasury Amid Dispute over Sanctions Policy
The top Trump administration official leading U.S. sanctions policy and the nation’s financial intelligence unit is set to exit the role amid friction with his boss, Treasury Secretary Scott Bessent.