Cross nomination as banking regulator makes MEPs cross

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Cross nomination as banking regulator makes MEPs cross

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27 May 2019, Berlin: Sven Giegold (l-r), top candidate of Bündnis 90/Die Grünen for the European elections, and Robert Habeck, Federal Chairman of Bündnis 90/Die Grünen, will speak at a federal press conference the day after the European Parliament elections. Photo: Gregor Fischer/dpa | Gregor Fischer/DPA/PA Images

The European Banking Authority’s proposed next executive director, Gerry Cross, was rejected by a committee of EU politicians on Thursday amid discontent over a perceived revolving door between the regulator and lobbyists.

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