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Hedge Fund Veteran Set to Lead Trump's Sanctions Strategy [Yahoo! Finance]
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Robertson is poised to become the face of the Trump administration's sanctions strategy. If confirmed after his Senate confirmation hearing on Thursday, John Hurley will lead the Treasury Department's terrorism and financial intelligence arm, a pivotal post that tackles everything from terrorist financing to money laundering and drug cartels. The role, which oversees some 1,000 employees, has gained prominence in the past decade as Washington ramped up sanctions as a preferred tool to target adversaries. Moves by TFI, as the unit's called, have particular relevance to commodities traders as any hint of the US adjusting restrictions on oil-rich nations like Russia, Iran and Venezuela can swing the market. “The TFI role is one of the most powerful positions in the US government,” said Justyna Gudzowska, a former Treasury official who's now executive director of The Sentry, which monitors corruption and human rights issues. “Although the under secretary does not command an army, he
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