Oireachtas Joint and Select Committees

Tuesday, 16 January 2018

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Tracker Mortgages: Discussion

2:00 pm

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

Yes, I have checked. I engaged in this matter in the second half of last year with the Governor of the Central Bank.

He informed me that the Central Bank was satisfied with the legislative powers available to it. It has made statements since then regarding broader issues and powers it believes are merited. Those views may well have been formed by the work it did in November and December. Those views were expressed independently of me. I will take account of what it has said but I did ask the question directly last year and that was the answer that I received.

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