Dear Mr Walker,
Thank you for your email dated 6 February, which refers to an earlier letter dated 3 January to the Chair of the Treasury Committee. I apologise for the delay in reply, Mrs Morgan has asked me to respond on her behalf.
Thank you for sending the Committee information about the creation of emergency currency issued by the Treasury at the beginning of the last century (the so-called Bradbury Pound) and for outlining the case for the restoration of that currency. The Committee constantly monitors the UK economy and regularly takes evidence on monetary policy. While the Committee has no specific plans to inquire into the creation of an alternative or Treasury issued currency in the UK, it will continue to scrutinise the related policies of HM Treasury and its associated bodies.
Your letter requests a televised meeting between yourself, the Treasury Committee and the Chancellor of the Exchequer. Again, the Committee has no plan to hold such a meeting so must decline your request. I note that your letter and subsequent email “required” the Committee to hold this meeting stating that it “actually had no choice in the matter”. The Committee sets its own programme of work by consensus and in private. It has no obligations when it comes to setting its future programme of work. For more information about the way that Select Committees operate, please see the Parliament website. Decisions of the Committee are all recorded and published in the Formal Minutes.
Thank you again for taking the time to contact the Committee.