Martin Conway (Fine Gael) | Oireachtas source

I agree with the substance of Senator Sean D. Barrett's argument for this proposal. His contributions are always very inspiring. It is a shame that the Central Bank did not have his expertise as an economist in recent years. Quality economic expertise seems to have been in very short supply within that institution and the Department.

There is still an issue with micro-management at the Central Bank. On Friday, for example, I took calls from people throughout County Clare who had serious concerns about the bank's new code of conduct on mortgage arrears.