Andrea Gacki has been appointed as the U.S. Treasury's Financial Crimes Enforcement Network (FinCEN) Director.Gacki, who is currently working as the director of the Office of Foreign Assets Control, has been the architect of a number of sanctions that Washington imposed on Russia in retaliation for its attack of Ukraine.In her new role at FinCEN, another division within the Treasury Department, Ga...
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.