U.S. Participates in Lebanon's Central Bank Governor Selection to Curb Hezbollah Funding
U.S. Participates in Lebanon's Central Bank Governor Selection to Curb Hezbollah Funding

U.S. Participates in Lebanon's Central Bank Governor Selection to Curb Hezbollah Funding

News summary

The United States is actively influencing the selection of Lebanon's next central bank governor to combat corruption and prevent Hezbollah's financing through the banking system. This involvement is part of a broader strategy to address Lebanon's severe financial crisis, which has persisted for over five years. U.S. officials are reviewing candidates and have held meetings with them both in Washington and at the U.S. Embassy in Beirut, emphasizing the need for anti-corruption stances and a commitment to confronting Hezbollah. The process follows the election of U.S.-backed President Joseph Aoun and a new government excluding Hezbollah from direct power. Candidates under consideration include former minister Camille Abousleiman and various investment firm heads, with the new governor expected to facilitate vital reforms and international financial support. The U.S. aims to ensure that the chosen candidate aligns with the requirements for compliance with international anti-terrorism financing regulations.

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Left 33%
Center 67%
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3
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2
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0
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Last Updated
8 days ago
Bias Distribution
67% Center

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