Florida’s Professional Bank CEO Appointed To Atlanta Fed Loaned Trump Millions In 2018

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His Mar-a-Lago in Palm Beach, Florida, took in nearly $23 million, a drop of more than $2 million. Trump. estate. Professional Bank’s CEO, Abel Iglesias, was appointed in February 2018 to the board.

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Professional Bank’s CEO, Abel Iglesias, was appointed in February 2018 to the board of the Federal Reserve Bank of Atlanta’s Miami branch. The appointment was made solely by the Atlanta board.

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As part of the nation’s central bank, the Atlanta Fed plays an important role in monetary policy, bank supervision and regulation, and the operation of a nationwide payments system.

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President Trump borrowed millions in 2018 from a small Florida bank whose chief executive was appointed to a Federal Reserve position just months later. Trump’s latest personal financial disclosure released on Thursday shows that he borrowed between $5 million and $25 million from Professional Bank, a small Florida bank that deals mainly with construction and real estate loans, Mother Jones reported.

The boycott-Trump movement is still going strong, but it is getting smaller. On Tuesday, companies that do business with Ivanka Trump were removed from the #GrabYourWallet boycott list after the.