Emmanuel Moulin to Lead Bank of France After Lawmaker Vote
Lawmakers cleared Emmanuel Moulin to lead the Bank of France despite his ties to President Macron. He pledged independence ahead of the June ECB policy meeting.
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France lawmakers approved Emmanuel Moulin to lead the Bank of France on May 20 as part of his confirmation process after 52.7% of votes were cast in favor of his appointment. The former chief of staff to President Emmanuel Macron will now join the European Central Bank's rate-setting governing council. His appointment secures a key ally for Macron as the country manages debt levels reaching 115% of GDP.
