News

Could the U.S. withdraw from the Financial Action Task Force? The question seemed preposterous to ask prior to the past three months, during which President Donald Trump has unilaterally withdrawn the U.S. from the Paris Climate Agreement, exited a deal to establish a minimum global corporate tax rate, taken steps to leave the World Health Organization and threatened to do the same from NATO, the bedrock of Transatlantic cooperation for the past nine decades. Trump has also pardoned several convicted fraudsters and other financial criminals during his first 100 days in office, ordered prosecutors to close the book on their...