Galípolo makes a “tour” of the Senate to gain support for the BC

The candidate for the Presidency of the BC (Central Bank), Gabriel Galípolo, made a “tour” of senators’ offices this Tuesday (September 3, 2024) to gain support for his name.

The visit was guided by the government leader in the Senate, Jacques Wagner (PT-BA).

One of the conversations was with the president of the CAE (Economic Affairs Committee), Vanderlan Cardoso (PSD-GO). He is responsible for setting a date for Galípolo’s hearing. It is up to the CAE to hold a 1st vote on the nomination.

This Tuesday (September 3), Vanderlan said that he intends to hold the debate on September 17, but the Poder360 found out that the process will only be carried out in October.

During the morning, Galípolo was with:

Asked by Poder360 As to which other senators he would visit on this Tuesday, Galípolo replied smiling: “I don’t know, I’m just being guided.”

He also avoided saying which date he would prefer for the hearing: “only Vanderlan will talk about that”.

The nominee is also expected to meet with the President of the Senate this Tuesday, Rodrigo Pacheco (PSD-MG).

NOMINATION OF GALÍPOLO TO THE BC

The institution’s current director of Monetary Policy was appointed by the president Luiz Inácio Lula da Silva (PT) and needs approval from the Lower House to take on the new role. See the process that Galípolo will have to go through:

• the government sends the Senate the nomination of the president of the BC by message;
• the message is read in plenary and sent to the Senate’s CAE (Economic Affairs Committee);
• a rapporteur is appointed, who will issue an opinion to certify whether or not the person appointed is qualified to perform the role;
• the nominee is questioned by the CAE and the committee analyzes whether to approve it or not. Of the 27 votes, a simple majority is needed (half of those present + 1);
• the opinion, with approval or rejection, is read in the Senate plenary;
• the 81 senators analyze the name of the nominee and vote in favor or against;
• to be approved in the plenary, it needs a simple majority;
• If approved, the Senate notifies the presidency, which publishes the name in the Official Gazette of the Union.