There is no finer example of the stupidity of politicians than the attempts reported in the media to remove a British MEP from the chairmanship of a European Parliament committee on financial regulation.
As though the chairman who is supposed to act independently of national interests is any less capable, or that monetary regulation will be applied any differently in the UK than elsewhere. The only difference is currency and fiscal approvals from the EU Commission, which only applies to 17 out of 27 member states at the moment and probably at least 4 less than that within 12 months.
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