Summary
Western Union reports a decline in its main business of money transfers within the U.S. This decrease has been noted since President Donald Trump took office.
Key Facts
- Western Union specializes in money transfers.
- The company says its U.S. money transfer business is down.
- Migrant workers in the U.S. are a key group for Western Union's services.
- Western Union's earnings call indicated reduced activity in money transfers.
- The decline has been observed since President Donald Trump assumed office.
