The European Parliament’s Committee on Economic and Monetary Affairs (ECON) set a hearing and committee vote in connection with the European Central Bank (ECB) proposal to extend Frank Elderson’s term as Vice-Chair of the ECB Supervisory Board, an appointment that requires European Parliament approval. Frank Elderson is an ECB Executive Board member and the current Vice-Chair of the ECB Supervisory Board, with his existing vice-chair term ending in February 2026. Under the Regulation on the Single Supervisory Mechanism (SSM), the Vice-Chair is chosen from among ECB Executive Board members, and the ECB proposed in a 17 December 2025 letter to extend his vice-chair mandate for a duration aligned with the end of his term on the ECB Executive Board. The hearing is scheduled for 28 January 2026, with a vote in ECON foreseen for 29 January 2026.
Committee on Economic and Monetary Affairs 2026-01-21
European Parliament Committee on Economic and Monetary Affairs schedules 28 January hearing and 29 January vote on extending Frank Elderson’s term as ECB Supervisory Board vice-chair
The European Parliament’s Committee on Economic and Monetary Affairs scheduled a hearing and vote on 28-29 January 2026 regarding the European Central Bank's proposal to extend Frank Elderson’s term as Vice-Chair of the ECB Supervisory Board, aligning with his Executive Board term ending in February 2026.