Christine Lagarde
In short
Christine Lagarde is the President of the European Central Bank. She is currently in the news for her comments regarding France's rising national debt and her refusal to suggest central bank intervention to solve the country's fiscal crisis.
Who they are now
She serves as the President of the European Central Bank, a position she has held since 2019. Previously, she was the Managing Director of the International Monetary Fund and the French Minister of the Economy, Finance and Industry.
Why they are in the news
People are searching for her because she recently stated in Bangkok that France must address its ballooning budget deficit through domestic fiscal consolidation rather than relying on the central bank.
An example of their work
She was the first woman to lead the International Monetary Fund as its Managing Director from 2011 to 2019. She also served as France's Minister of the Economy, Finance and Industry.