Seanad debates

Tuesday, 18 October 2011

3:00 pm

Photo of Tom ShehanTom Shehan (Fine Gael)

I am getting to it. Mr. Elderfield, when visiting UCC on Friday last gave a direction to the banking fraternity in regard to increases in standard variable rates despite his stating previously ".....we do not have powers in this regard". Would it be possible for the Leader to invite the Governor of the Central Bank, Professor Honohan, and the Financial Regulator, Mr. Elderfield, to this House to discuss this issue?

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