Fillon Decries U.S. Bank Fines in European Pitch Against Trump
- Merkel hosts French presidential front-runner at chancellery
- Difference on Russia persist as German-French unity sought
The Race to Become French President
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French presidential front-runner Francois Fillon denounced U.S. fines against European banks and called for improved European relations with Russia as he reached out to German Chancellor Angela Merkel to help counter President Donald Trump’s “America First” stance.
Speaking after a private lunch at the chancellery in Berlin, Fillon criticized the Basel Committee on Banking Supervision’s global rules as “very unfavorable to Europe” and cited U.S. penalties on German and French banks under the Obama administration as examples of American unilateralism that Europeans need to confront Trump over.