As reported by Bpaynews, the White House announced that President Trump has pardoned former Honduran president Juan Orlando Hernández, who was previously convicted in a U.S. federal court for drug trafficking. The move has sparked political controversy and raised concerns over U.S. anti-drug credibility. Markets are assessing the potential impact on Latin American political risk and emerging market assets. Traders are also watching for details on the upcoming 'Trump Accounts' initiative, a government-backed savings program for children that channels funds into U.S. stock indices. The program includes a $1,000 initial grant per child, with annual contributions up to $5,000. A cabinet meeting is scheduled for 11:30 a.m. ET, where further policy signals may emerge.
Trump Pardons Ex-Honduran President Juan Orlando Hernández, Markets Watch EMFX and 'Trump Accounts'
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