French Socialists Oppose Macron's 2027-Plus Bank of France Pick

4 articles · Updated · Bloomberg · May 19

Socialist lawmakers said they will oppose Emmanuel Moulin’s nomination to lead the Bank of France, increasing the risk of a political setback for Emmanuel Macron.
Moulin’s candidacy is drawing resistance because he is a longtime Macron confidant and the governor’s term would extend beyond the president’s mandate, which ends in 2027.
Far-right and far-left politicians had already publicly criticized the nomination on the same grounds, broadening the challenge to Macron’s choice.
The fight over the post also creates uncertainty around the future makeup of the European Central Bank’s Governing Council, where the Bank of France governor holds a seat.

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