Seanad debates

Thursday, 7 July 2011

11:00 am

Photo of Michael D'ArcyMichael D'Arcy (Fine Gael)

I have a question for the Leader. Would he consider inviting the Governor of the Central Bank and the Financial Regulator to attend the House for a debate on the procedures taken by Irish institutions, which are funded by the taxpayer, when the ECB raises interest rates? We must ensure that people who have loans from Irish banks are not ripped off. The debate should be narrow, so that people do not discuss everything to do with banking. We need a narrowly focused debate with those two gentlemen. I ask the Leader to arrange that. This is something the Seanad could do to ensure that we keep money in the pockets of Irish citizens. This is how the Seanad could work on behalf of the public.

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