French Socialists to Oppose Moulin as Bank of France Head

Emmanuel Macron, right, and Emmanuel Moulin. — Emmanuel Macron, right, and Emmanuel Moulin.Photographer: Gonzalo Fuentes/AFP/Getty Images

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By William Horobin

May 19, 2026 at 11:16 AM UTC

Socialist lawmakers will oppose Emmanuel Macron’s nominee for Bank of France Governor, raising the risks of a political blow for the French president and uncertainty over the composition of the European Central Bank’s Governing Council.