Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

Can the Minister confirm that there is nothing to prevent him, the Taoiseach and the Minister for Public Expenditure and Reform from doing exactly what they did in November 2011, which was to call the heads of the banks in and ask why none of them has passed on the ECB rate reduction?

Is there anything to prevent them doing that or does the Minister support AIB fleecing its variable rate mortgage customers by absorbing the reduction in the rate and increasing the rate by 0.4% for over 70,000 customers in the next 14 days?

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