The Bank of England’s newest deputy governor came under criticism from lawmakers on Tuesday for sticking too closely to the central bank’s orthodoxy and faced tough questions about her family’s links to the banking industry.
Charlotte Hogg, who was named to sit on the BoE’s most powerful policymaking committees this month, was challenged by lawmakers to show how she would be independent from established BoE thinking.
Currently the Bank’s chief operating officer, Hogg joins the Monetary Policy Committee (MPC) at a critical juncture for Britain’s economy ahead of its divorce with the European Union.
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