The former Bank of England boss, Mark Carney, is now running for the Liberal leadership in his native Canada. What does his time in London tell us? Mark Carney was the first non-British person to become governor of the Bank of England in its more than 300-year history when he took the job in 2013.

OTTAWA—Mark Carney, the former Canadian and U.K. central banker, formally declared his interest in succeeding Justin Trudeau as leader of Canada’s Liberal Party and the country’s prime minister, promising an economic agenda focused on lifting it from a period of stagnant growth.

Mark Carney, the former governor of Canada's central bank, on Thursday launched his bid to succeed Justin Trudeau as Liberal Party leader and prime minister, immediately becoming a frontrunner in the race.

President-elect Donald Trump's pick for Treasury secretary, Scott Bessent, said on Thursday that the dollar should remain the world's reserve currency, the Federal Reserve should stay independent and that he is ready to impose tougher sanctions on Russia's oil sector.