An influential policy maker, Emmanuel Moulin has held a series of top posts in finance and the presidency – Copyright AFP Adrian DENNIS<\/p>\n
French lawmakers on Wednesday narrowly approved President Emmanuel Macron\u2019s former chief of staff to govern the central bank, with Emmanuel Moulin winning just enough votes to secure the job.<\/p>\n
Macron critics say the centrist head of state is seeking to install allies in top positions to shield key government institutions before his five-year term ends next year.<\/p>\n
Marine Le Pen\u2019s far-right, anti-immigration party is gearing up for what it considers its strongest opportunity yet to take power in the 2027 presidential election.<\/p>\n
The finance committees of parliament\u2019s two chambers, the National Assembly and the Senate, did not oppose Moulin, parliamentary sources told AFP.\u00a0Their objection would have blocked his appointment.<\/p>\n
Moulin, Macron\u2019s choice for the position, had faced questions about his ability to act independently.<\/p>\n
Lawmakers in the lower house voted overwhelmingly against him, but enough Senators backed his appointment for it to be approved.<\/p>\n
An influential policy maker, Moulin, 57, has held a series of top posts in finance and the presidency.<\/p>\n
He served as secretary general of the Elysee Palace for a year and was before that chief of staff to centrist Gabriel Attal during his brief stint as prime minister in 2024. \u00a0<\/p>\n
He served as director general of the French Treasury between 2020 and 2024, overseeing economic policy and public debt.<\/p>\n
The Banque de France contributes to defining monetary policy in the eurozone and plays a key role in financial regulation. The institution was founded by Napoleon Bonaparte in 1800 to promote economic recovery after the revolution.<\/p>\n
Moulin is to succeed Francois Villeroy de Galhau, who has said he would step down in June, a year and a half ahead of the end of his six-year term. Moulin will remain in the post for the stretch of the next president\u2019s mandate.<\/p>\n
Speaking in parliament earlier Wednesday, Moulin stressed that he had served France for 30 years and would ensure independence at the central bank.<\/p>\n
\u201cThe diversity of my career and the variety of roles I have held provide me with valuable experience for the role of Governor of the Banque de France,\u201d he said.<\/p>\n
\u201cI have never relinquished my convictions, my freedom of thought, or my independence.\u201d<\/p>\n
Macron has already appointed another loyalist, Richard Ferrand, to head the country\u2019s highest constitutional authority.<\/p>\n
Former public accounts minister Amelie de Montchalin in February became the country\u2019s top auditor, after criticism she could not critique a budget that she was involved in drafting.<\/p>\n","protected":false},"excerpt":{"rendered":"An influential policy maker, Emmanuel Moulin has held a series of top posts in finance and the presidency…\n","protected":false},"author":2,"featured_media":16618,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[313,1337,5,346],"class_list":["post-16617","post","type-post","status-publish","format-standard","has-post-thumbnail","category-france","tag-banking","tag-finance","tag-france","tag-politics"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts\/16617","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/comments?post=16617"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts\/16617\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/media\/16618"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/media?parent=16617"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/categories?post=16617"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/tags?post=16617"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}