Second Casualty: UK Commissioner Quits
Jonathan Hill, former leader of the House of Lords, has turned in his resignation as the UK Commissioner in the European Commission in the wake of the UK Brexit referendum. As the European Commissioner responsible for Financial Stability, Financial Services and Capital Markets Union, Hill was considered one of the most influential and important members of the Juncker commission. According to The Guardian, Hill’s departure “became a foregone conclusion after the vote for Brexit, because many European politicians oppose having a Briton in charge of financial services when the UK…
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