Oireachtas Joint and Select Committees
Thursday, 2 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Kieran O'Donnell (Limerick City, Fine Gael)
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You had the Department of Finance, because David Doyle has said in the briefing note that he was explaining that there was major overheating in terms of unsustainable taxes in the property sector. The Financial Regulator were regulating the banks. In your role as Minister for Finance, did you not think it incumbent upon you to bring it up with the Financial Regulator that there was concerns about the property sector and how were they dealing with that in terms of bank lending?