Frrance's Moulin tells parliament he can run Bank of France in an independent manner

Emmanuel Moulin, ​President Emmanuel Macron's pick to ​head the Bank ‌of ​France and his former chief of staff, said on Wednesday in ‌hearings ahead of a vote by Parliament on Moulin's confirmation that he was sure he would run the national central ‌bank in an independent manner.

Emmanuel Moulin, ​President Emmanuel Macron's pick to ​head the Bank ‌of ​France and his former chief of staff, said on Wednesday in ‌hearings ahead of a vote by Parliament on Moulin's confirmation that he was sure he would run the national central ‌bank in an independent manner. "I am convinced that ‌I can run in an independent manner an institution proud of its history and looking to the future, in the service ⁠of ​a trusted ⁠currency and of a strong and stable economy," Moulin told the ⁠French Senate.

As governor of the 226-year-old Bank of ​France, Moulin would sit on the European Central Bank's ⁠rate-setting governing council and be responsible for regulating French banks. Moulin, a ⁠former ​banker and finance ministry official, has sterling credentials as an experienced policymaker, but he has faced questions ⁠about his independence from Macron and the opposition could block ⁠him ⁠if they garner more than 60% of the vote.