The Presidential Daily Brief


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    Carney Announces 2019 Departure From Bank of England

    He’s planning a Brexit of his own. BoE head Mark Carney originally signed on until 2018, with the option of staying until 2021. But many who backed Britain’s Leave vote are lambasting him for what they see as pro-Remain bias prior to the EU referendum, while others worry that his departure will weaken the central bank just as Britain dives into a period of deep financial uncertainty. Carney said Monday that he’ll stay an additional year after his five-year term to “help contribute to securing an orderly transition to the UK’s new relationship with Europe.”


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