Why brb Is Trending Today?

The CVM, Brazil's securities regulator, has ruled that the government of the Federal District and Chief of Staff of Ibaneis Rocha are guilty in a case involving the BRB bank. Ibaneis Rocha has since backed down from his initial choice to lead the BRB, instead opting to appoint a former president of the Caixa bank. The government of Ibaneis Rocha has denied providing preferential treatment to President Bolsonaro after requesting a medical evaluation from Justice Moraes. The "Master" operation has caused a crisis in the government of Ibaneis Rocha, potentially damaging his reelection prospects next year.

The CVM, Brazil's securities regulator, has ruled that the government of the Federal District and Chief of Staff of Ibaneis Rocha are guilty in a case involving the BRB bank. Ibaneis Rocha has since backed down from his initial choice to lead the BRB, instead opting to appoint a former president of the Caixa bank. The government of Ibaneis Rocha has denied providing preferential treatment to President Bolsonaro after requesting a medical evaluation from Justice Moraes. The "Master" operation has caused a crisis in the government of Ibaneis Rocha, potentially damaging his reelection prospects next year.