Bloomberg Politics

Erdogan Taps Ex-First Republic Co-CEO as Central Bank Head

Turkish President Recep Tayyip Erdogan named Hafize Gaye Erkan, a former co-chief executive officer of First Republic Bank, as his new monetary chief, a move that may mark the end of ultra-low interest rates and constant government interventions to prop up the lira.

Erdogan Names First Republic’s Ex-Exec as Central Bank Head

Turkish President Recep Tayyip Erdogan named Hafize Gaye Erkan, a former co-chief executive officer of First Republic Bank, as his new monetary chief, a move that may mark the end of ultra-low interest rates and constant government interventions to prop up the lira.

Ex-PBOC Deputy Governor Accused of Bribery, Abuse of Power

China’s former central bank Deputy Governor Fan Yifei was removed from the Communist Party and stripped of his official post after authorities accused him of taking “massive” amounts of bribes among a list of other wrongdoings.

Trump Indictment: Ex-President Responds on Social Media

Former President Donald Trump maintains his innocence in a post on his Truth Social platform after being indicted over his refusal to return classified documents found at his Florida home. The indictment was filed under seal and contains seven charges, including willful retention of national defense information, corruptly concealing documents, conspiracy to obstruct justice, and making false statements, according to a person familiar with the case who asked for anonymity to discuss confidential