U.K. Treasury Committee to Probe Bank of England Appointments
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The U.K. Parliament’s Treasury Committee will investigate the Bank of England’s appointment process and the independence of the Bank’s Financial Policy Committee.
The committee on June 5 expressed reservations about the appointment of Clara Furse, the former chief executive officer of the London Stock Exchange, to the FPC. it questioned her “awareness of the importance of asserting the independence” of the body.