The Daily Telegraph reports MPs have warned that European plans for a new financial super-regulator are "hasty" – adding that it was "better to be right than quick".
The article continues: "The powerful House of Commons Treasury Select Committee said that........." At the end it also states: "The Treasury Select Committee claims that the proposals blatantly fly in the face of an earlier agreement in June by politicians that ensured measures would not impinge on the fiscal responsibilities of member states."
The 'powerful' Treasury Select Committee and MPs can shout and complain all they like, but it won't be them making the decision, nor will they have any input into that decision, said decision being made by Brussels.
1 comment:
Financial superregulator - makes one shudder.
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