Results 3,461-3,480 of 35,540 for speaker:Pearse Doherty

Committee on Budgetary Oversight: Post-Budget Engagement: Economic and Social Research Institute (18 Oct 2023)

Pearse Doherty: The rationale for establishing the Committee on Budgetary Oversight is to have a greater understanding, not just by ourselves as parliamentarians and therefore allowing for better decision-making but also a greater understanding by the public. One of the biggest challenges is to question a Department with regard to what ELS is and how it is calculated. We were told in this committee up...

Committee on Budgetary Oversight: Post-Budget Engagement: Economic and Social Research Institute (18 Oct 2023)

Pearse Doherty: Perfect. I thought I would take the opportunity. It was an excellent piece of work. Regarding the presentation the witnesses provided, I wish to focus on the at-risk-of-poverty measure across specific groups when temporary measures are excluded. In the ESRI’s post-budget briefing, it found the at-risk-of-poverty measure increased across adults, the elderly, children and those...

Committee on Budgetary Oversight: Post-Budget Engagement: Economic and Social Research Institute (18 Oct 2023)

Pearse Doherty: I agree with Dr. Doorley's points. She made a very valid one about not knowing how that money is spent because if we look at it across a model, it could be said poverty has not increased, but if it is spent on a one-off that may not have been spent if it was spread out, then it causes real pressures for those families. The last question I have - I am conscious Dr. Doorley's colleague is...

Committee on Budgetary Oversight: Post-Budget Engagement: Economic and Social Research Institute (18 Oct 2023)

Pearse Doherty: Perfect. I thank the witnesses.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union (Amendment) Bill 2022: Committee Stage (18 Oct 2023)

Pearse Doherty: I have no problem with the group of amendments and, obviously, welcome the legislation as well. I have an issue in relation to amendment No. 1 as the way it is drafted will create problems in terms of the Bill. I would ask that the Minister of State withdraw amendment No. 1 and submit a reworded amendment on Report Stage in relation to that amendment.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union (Amendment) Bill 2022: Committee Stage (18 Oct 2023)

Pearse Doherty: It is important the Minister of State withdraws amendment No. 1 and resubmits it on Report Stage with the correct numbers. The amendment, were it to be accepted today, would make the section confusing and lead to serious problems. It deletes lines 23 to 35 but there is no line 35 in the legislation on page 5. The amendment would actually delete the definition of company corporate credit...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union (Amendment) Bill 2022: Committee Stage (18 Oct 2023)

Pearse Doherty: That is perfect.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union (Amendment) Bill 2022: Committee Stage (18 Oct 2023)

Pearse Doherty: I asked the clerk earlier if there was an option to amend the amendment on Committee Stage but I understand there is not.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union (Amendment) Bill 2022: Committee Stage (18 Oct 2023)

Pearse Doherty: I wish to speak to section 3. There are only a few sections in this Bill that I would like to speak to because, overall, my party supports this legislation and I assume all members of this committee also support it. It is very timely and worthwhile and I know the credit union sector supports it as well. A lot of work has gone into it, including by the Minister of State and her officials,...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union (Amendment) Bill 2022: Committee Stage (18 Oct 2023)

Pearse Doherty: That is fair enough. We recognise the independence of the Central Bank in performing its functions and duties vis-à-visregulation and supervision. There has always been a question in relation to the credit union movement and a need for a memorandum of understanding between the movement and the Central Bank to understand the process. As we develop a new process in legislation, it is...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union (Amendment) Bill 2022: Committee Stage (18 Oct 2023)

Pearse Doherty: I have no problem with the amendment, but I have a question about the numbering. Sections 7 and 8 being replaced with sections 10 and 11. Is something being inserted between them as otherwise we would be going from section 6 to section 10. Is there a rationale for the numbering.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union (Amendment) Bill 2022: Committee Stage (18 Oct 2023)

Pearse Doherty: This is not the amendment, but the subsection. Under section 6, subsections (7) and (8) are being replaced with subsections (10) and (11). I am wondering why.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union (Amendment) Bill 2022: Committee Stage (18 Oct 2023)

Pearse Doherty: The numbers will change again.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union (Amendment) Bill 2022: Committee Stage (18 Oct 2023)

Pearse Doherty: On section 19, I have been raising the issue of high-interest loans and moneylenders. I tabled my own legislation on this and had the Government bring in some measures in this area. There was a lot of work done by a number of individuals regarding moneylenders and trying to encourage people not to use high-interest loans and instead use some of the other lower-interest loans that are...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union (Amendment) Bill 2022: Committee Stage (18 Oct 2023)

Pearse Doherty: I thank the Minister of State for her response. I appreciate her comments about reflecting on the issue. CUAC is obviously an important player in this but the provisions of the Bill empower the Minister to make the decision, at the end of the day, even if CUAC is not supportive of it. We just need to bear that in mind. I have said this on numerous occasions. There is one thing across the...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union (Amendment) Bill 2022: Committee Stage (18 Oct 2023)

Pearse Doherty: Sorry, setting a cap.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union (Amendment) Bill 2022: Committee Stage (18 Oct 2023)

Pearse Doherty: I will speak on the section, if that is okay. This is a core part of the legislation, which allows for a credit union to refer a member to another credit union that is offering a service it does not provide. This is a welcome section that means credit unions are working in collaboration. It does not mean a straight refusal but means that where one branch cannot provide a service, another...