France's President Emmanuel Macron (L) and his general secretary Emmanuel Moulin leave after the weekly cabinet meeting at the Elysée palace in Paris, on July 2, 2025. LUDOVIC MARIN / AFP

French President Emmanuel Macron has proposed the appointment of his former chief of staff as head of the country's central bank, his office said on Tuesday, May 5. Opponents claim the centrist president is trying to dominate government institutions by putting allies in key postings before his five-year term ends next year. The far right is preparing for what it views as its best chance yet at seizing power in the upcoming presidential elections.

"The president is considering, on the proposal of the prime minister, appointing Emmanuel Moulin as governor of the Banque de France," the Elysée said. Moulin, 57, was replaced last week after a year as chief of staff. Before that, he was chief of staff to centrist Gabriel Attal during his brief stint as prime minister in 2024, after holding a key post at the finance ministry for several years.

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