Recently, she advertised herself as a 'woman and outsider' in the race for governor of BOE. The outcome? She was ousted. But more to the point, as we discuss below, being a woman does not make her an outsider.
All matters pertaining to EU financial regulation and the ECB come to the attention of the committee of the EU Parliament she chairs, known as ECON. Latest to date, the cap on banker's bonuses:
.@afneil EU can not limit pay, as a total, but can limit incentives that threaten stability or cause mis-selling cf UK retail distribution.Erudite? No, flawed.
— Sharon Bowles(@SharonBowlesMEP) March 3, 2013
If it cannot limit total pay, then total pay will remain unchanged, courtesy of complacent regulators—that's what they're known for, and because the business of banking—Obama recognizes it—is to 'find loopholes'.
Then what's the point?