Select committee will put a question to Gertjan Vlieghe to prove independence from the Brevan Howard hedge fund,where is he is a partnerThe Treasury select committee is preparing to challenge newly appointed member of the Bank of England’s monetary policy committee, Gertjan Vlieghe, and to prove his independence from the hedge fund Brevan Howard,where he is a partner.
Andrew Tyrie, the Conservative MP who chairs the cross-party committee of MPs, and said: “It is essential that the MPC is – and is seen to be – independent. The Treasury committee will be seeking reassurance that Mr Vlieghe’s commerce interests finish not pose a conflict with his membership of the MPC,when he comes for an appointment hearing in the autumn.”Continue reading...
Source: theguardian.com