Regulators – Unelected Power & Uncertain Constitutional Position, London Fintech Podcast, Fall 2018
The Reluctant Central Banker, Capitalisn’t, 5 July, 2018
Money talks: G7 handshakes at dawn The Economist, 12 June, 2018
The economist and former deputy governor of the Bank of England joins the FT’s John Authers to debate the power of government agencies and the unelected officials leading them, including those at the helm of institutions like the Federal Reserve. It’s the subject of his recent book, “Unelected Power: The Quest for Legitimacy in Central Banking and the Regulatory State.”
The quest for legitimacy in central banking and the regulatory state, with Paul Adamson, E!Sharp, June 2018
Director’s Cut: Central banking and the problem of unelected power. Bruegel director Guntram Wolff discusses current tensions in central banking governance with Paul Tucker,Bruegel, 5 June 2018
Regulating the regulators: The power and legitimacy of the central bankers directing our economy, Resolution Foundation, 22 May 2018
IN THE NEWS
The Taming of the Few, The American Interest, 16 Oct., 2018
So schwindet die Legitimität, Tages-Anzeiger, 13 Oct., 2018
Ce n’est pas à Mario Draghi de sauver Rome, Le Temps, 8 Oct., 2018
Sir Paul Tucker backs calls for break up of Big Four, by Chris Newlands, Financial News, 8 Oct., 2018
Overview: Democracy Or Technocracy? Tucker’s Book is a Bold Attempt But Falls Short, by Leon Wansleben, RADIX, Sept., 2018
He’s Blowing The Whistle On Central Banks, Ozy, 26 Sept., 2018
A banker’s quest for legitimacy, Inside Story, 13 Sept., 2018
Post Lehman: Are central banks too powerful?, LiveMint, 10 Sept., 2018
Populism thrives when bureaucrats wield total control, The Daily Telegraph, 8 Sept., 2018
Book Review by Richard N. Cooper: Unelected Power, Foreign Affairs, Sept./Oct., 2018
Bringing accountability to powerful, unelected officials, Washington Post, 13 Sept., 2018
Ex-Bank of England deputy governor says ‘pay top bankers in bonds’, Financial News, 7 Sept., 2018
Post-crisis, Do Central Banks Wield Too Much Power?, Wharton, 30 Aug., 2018
Reining in Technocracy to Increase Democratic Legitimacy, Regulatory Review, 8 Aug., 2018
Paul Tucker on Unelected Power: A Technocrat against Technocracy ProMarket, 23 July, 2018
A Former Central Banker Tells Other Central Bankers: “Stay Away From Davos” ProMarket, 3 July, 2018
Time to look again at the role of consumer welfare in our competition policy, The Times, 26 June, 2018
Das ist gefährlich, BILANZ, July 2018
‘Unelected Power’ Review: Monetary Mavericks, WSJ, 28 June, 2018
The Guardian view on hyper-populism: it’s infecting politicians and technocrats, The Guardian, 24 June, 2018
How Democratic Is The Euro?, Social Europe, 18 June, 2018
A Central Banker’s Plea for Less Power, Bloomberg, 17 June, 2018
Unelected central bankers are too mighty for everyone’s good, says former policy maker, MarketWatch, 15 June, 2018
Unelected power: banking’s biggest dilemma, NewStatesman, 13 June, 2018
Central bankers are getting nervous about their cherished independence, Prospect, 1 June, 2018
Take Tucker’s tip, Standpoint Magazine, June, 2018
Les banquiers centraux doivent battre en retraite , LeMonde, 2 June, 2018
Controlling the Supreme Court of Finance, Project Syndicate, 31 May, 2018
Die unheimliche Macht der Notenbanken, Die Weltwoche, 30 May, 2018
Delegating power to the governors: Tucker’s framework for central banking OMFIF 22 May, 2018
Making Unelected Power Legitimate Money, Banking, and Financial Markets, 21 May, 2018
Center for Financial Stability with Lawrence Goodman interview CFS, 17 May, 2018
The Only Game in Town: Central Banking as False Hope ProMarket, 14 May, 2018
The limits of central banks’ independence – public support? Policy Exchange, 10 May, 2018
Policy Exchange was pleased to welcome Sir Paul Tucker to launch his book Unelected Power: The quest for legitimacy in central banking and the regulatory state. The book explores two issues that Policy Exchange takes a serious interest in: monetary policy and financial market regulation, and the tendency for policy decisions to be taken by technocratic elites that are removed from direct political guidance and oversight. These are the issues that are at the heart of our Judicial Power Project. They are also reflected in a wider range of institutional questions touching on matters ranging from utility regulation to competition policy.
Who do ‘rock-star’ central bankers answer to? Financial Times, 10 May, 2018
Tucker: Transparency Is Important, The Age of Mystique is Gone Bloomberg Surveillance, 10 May, 2018
Paul Tucker, Former Deputy BOE Governor and Author of ‘Unelected Power,’ believes that Central Bankers are becoming the poster boys & girls of people making decisions that we didn’t elect.
A veteran central banker’s advice to Congress and the Fed on how best to preserve the Fed’s independence Brookings Institution, 9 May, 2018
Paul Tucker, drawing from his 33 years as a central banker, says that Congress should be much more specific about the objectives it wants the Federal Reserve to achieve and the Fed should try harder to explain what it’s doing.
The Exchange: Putting limits on central-bank power Reuters, 4 May, 2018
Central bankers emerged from the financial crisis with more clout than ever before. Can this be reconciled with democratic legitimacy? Former Bank of England Deputy Governor Paul Tucker explains why monetary authorities have become “overmighty citizens”, and how to rein them in.
Reducing the Power, The London Institute of Banking and Finance, Financial World, April 2018
Central banks ‘lack firepower needed to deal with recession The Times, 30 April, 2018
The Bank of England may face questions about its legitimacy should another recession strike before it has raised interest rates and rebuilt its monetary policy war chest, a former deputy governor has warned.
We haven’t killed off the culture of greed, warns Sir Paul Tucker The Times, 12 Aug., 2017
Sir Paul Tucker, former deputy governor of the Bank of England, remembers the run on Northern Rock rather differently from the televised images of queues snaking out of the one-time building society’s branches nearly a decade ago.
Sir Paul Tucker warns of complacency on bank risk Financial Times, 30 Nov.,2017
Sir Paul Tucker, the former deputy governor of the Bank of England, has warned policymakers to increase banks’ equity capital requirements to avoid projecting a false sense of security about the likelihood of coping smoothly with the failure of large banks.
Central banks ‘have never been on thinner ice’ MarketWatch, 8 Oct., 2016
The objectives of financial stability policy VOX CEPR’s Policy Portal, 28 Feb., 2016
The objective of financial stability policy is unclear. Is it the resilience of the financial system, avoiding the costs of systemic collapse, or managing the credit cycle, containing the costs of resource misallocation and over-indebtedness? This column argues that the answers have serious implications for what can decently be delegated to independent ‘macroprudential authorities’, but have barely been debated in those terms.
Former BoE deputy Sir Paul Tucker to chair US advocacy group Financial Times, 9 Dec., 2015
Paul Tucker, the former Bank of England deputy governor, has vowed to use his role as chair of a regulatory advocacy group to ensure policymakers’ commitment to reform the financial system does not wane as the crisis fades from memory.
To book Paul Tucker for a speaking engagement, contact Harry Walker Agency.
One Bank Flagship Seminar with Lord McFall and Governor Mark Carney
AEI discussion with Sarah Binder, Brookings, and Philip Wallach, R Street
Imperial College Business School
Bond Vigilantes with Jim Leaviss
Bruegel panel discussion
Paul Tucker on Bloomberg
U.S. is “playing with fire” over China trade, Amanpour
London School of Economics and Political Science
Mini-course: “Problems of Legitimacy for Central Banks in Democracies” – Day 1
CNBC Powerlunch with Sir Paul Tucker
8th Conference on Bank Resolution, Crisis Management and Deposit Insurance
The Future of Monetary Policy
Banking Union, Monetary Policy and Economic Growth
Paul Tucker: Current Challenges for China
Paul Tucker: Predictions for Global Economy
The Incipient Crisis In Securities Regulation, Bendheim Center for Finance
Paul Tucker, Bank of England
The 2014 Albert H. Gordon Lecture with Paul Tucker