Mairead McGuinness has been appointed by Ursula Von Der Leyen as Ireland’s new European Commissioner. McGuiness will be assigned the Financial Services, Financial Stability and Capital Markets portfolio.
McGuinness will be replacing Phil Hogan who resigned following the controversy on his movements while in Ireland which were in breach of Covid-19 rules.
Valdis Dombrovskis was given the trade portfolio, which was held by Hogan.
McGuinness will be in charge of the Financial Services, Financial Stability and the Capital Markets portfolio. She was an MEP and was elected the first vice-president of the European Parlimaent in January 2017 and re-elected to the post in July 2019.
The Irish Government had put forward the names of McGuinness and Andrew McDowell.