Bank of England Rational Expectations Hypothesis as promulgated by Walters The handing over of monetary policy to the Bank had been a key plank of the Liberal Democrats' economic policy since the 1992 general election. Conservative MP Nicholas Budgen had also proposed this as a private member's bill in 1996, but the bill failed as it had the support of neither the government nor the opposition. Mark Carney assumed the post of Governor of the Bank of England on 1 July 2013. He succeeded Mervyn King, who took over on 30 June 2003. Carney, a Canadian, will serve an initial five-year term rather
Governor of the Bank of Spain Deputies before the competent Committee to inform about the proposed candidate. The governor's mandate lasts six years and is not renewable. The governor's functions are: The following people have served as Governor of the Bank of Spain: Governor of the Bank of Spain The Governor of the Bank of Spain () is the head of the Bank of Spain, the central bank of Spain. The current governor is Pablo Hernández de Cos, who took office on 11 June 2018. The Governor of the Bank of Spain is appointed by the Monarch of Spain at the proposal of the Prime Minister