Eamon Ryan (Dublin Bay South, Green Party) | Oireachtas source

We set the broad policy context around not having consumers ripped off but that is the mandate of the Central Bank.

There are 2,000 people there with real expertise in the area and a clear mandate from Government to say we do not want anyone exploiting or getting an undue profit or an unduly high interest rate. That is their job. If we started to become the regulator again, where would that end? That got us into a lot of trouble in the past where people thought the political system could do the job of the Central Bank. It does not work

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