Redrado’s case: The bicameral is formed to “advise” the Executive

Finally, Martin Redrado’s dismissal will be treated in the Congress of Nation. The Budget and Finance Committees of the Lower House appointed their heads today.

As expected,the kirchnerist Gustavo Marconato was elected president of the Budget and Finance Committee; and Alfonso Prat Gay, former Central’s president, was elected head of the Finance Committee.

The bicameral committee will  be completed with two members of the Senate and Vice President Julio Cobos for the Upper House. The president must act on the advice that comes out of the committee’s meetings, which according to recent information would be secret.

Anyway, the finalreport by the Bicameral Commission is not binding, and it will only be formed in order to comply with the institutional requirements that emerge from the Central Bank charter for the president’s removal.

Meanwhile, the opposition agreed that the underlying conflict isn’t Redrado but the Executive’s decision to use the central bank’s reserves for the Bicentennial Fund.