Senate Vote Hands Brazil’s Central Bank Control to Lula’s Team

Brazil’s Central Bank is set to undergo a significant leadership change. The Senate has approved three new directors nominated by President Lula. This move will give Lula-appointed officials a majority in the bank’s top ranks. The Senate confirmed Nilton David, Izabela Correa, and Gilneu Vivan as new directors. David, currently at Bradesco, will oversee Monetary […]