Argentina’s Senate confirmed Federico Sturzenegger’s nomination to hold the position of Governor of the BCRA in its session today. Sturzenegger will then be the top monetary authority until September 23, 2022.
The Senate confirmed Sturzenegger’s nomination by 56 votes against 8 dissenting votes, and 2 abstentions. This is an outstanding majority considering that Cambiemos caucus only has 15 legislators. Sturzenegger had been holding office on a provisional basis—as under Section 7 of the Charter of the BCRA—since his appointment by the Executive Branch on December 14, 2015.
