French President Emmanuel Macron has nominated François Bayrou as the new Prime Minister, following the resignation of Michel Barnier after a government collapse. Bayrou, a long-time ally of Macron and president of the MoDem party, must be confirmed by the National Assembly. In light of the ongoing political and financial crisis in France, this rapid nomination aims to stabilize the government amidst pressures for Macron to step down and the need to address increasing national debt.