Prosecutors allege Wallace embezzled about $390,000 from the church’s coffers between April 2019 and September 2025, spending some of the funds on rent and travel expenses.
—
Iris Kwok,
Los Angeles Times,
31 Oct. 2026
Fed funds futures traders are pricing in a roughly 76% likelihood of the Fed lifting rates by a quarter percentage point at that gathering, according to CME's FedWatch tool.
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