Carney may continue as Bank of England governor
Bank of England is expected to have Mark Carney continue as governor and help manage the consequences of Brexit in March 2019. Carney confirmed he had discussed with the government how he could help the country transition out of the European Union and establish itself as a standalone economy. Carney is the first foreigner to serve as Bank of England governor. When he was appointed in 2013, he indicated he would serve until 2018 but later extended that deadline to June 2019. He told a UK parliamentary committee he is recognizing that during this critical period, everyone does everything they can to help with the transition to exiting the European Union and he wants to his bit in this exercise as well. Carney, a Harvard-educated economist and former Goldman Sachs banker, was governor of the Bank of Canada before his UK appointment.