Bank of England's Mark Carney Prepares His Own Brexit

Bank of England Governor Mark Carney has been the only “adult in the room” since the U.K. vote to quit the European Union, according to former BOE policy maker Danny Blanchflower. It’s an assessment many would agree with. Unfortunately, Carney looks like he may be planning a Brexit of his own.

Prime Minister Theresa May, former Foreign Secretary William Hague and former Justice Secretary Michael Gove have all made comments in recent weeks that undermine the central bank’s cherished independence. Carney has been roundly chastised for his gloominess both before and after the referendum on EU membership. Serious political magazines are even speculating that Treasury Select Committee member Jacob Rees-Mogg, one of his most outspoken critics, might be his replacement.