“We support this as a way to align Avalon to Port Avalon!”
Economic Deregulation Act of 2020
Rationale
We will deregulate the economy with this bill, as we think regulations are a bad thing for the economy and individual freedoms. Regulation also are just slowing down the economic growth.
Proposed Changes
| Law | Previous | Proposed | ||
|---|---|---|---|---|
| 1 | Banking & Financial Regulation |
Strong prudential oversight
|
Light-touch regulation
|
1
Banking & Financial RegulationProposer
Party
Right Liberal Front
A Party that supports the free Market, less taxes, more digitalization and Individual Rights for People. A Party that Opposes more Environment spending and Open Borders.
Core pillars
Henrietta Armstrong
Activist · Age 48
A charismatic pragmatist who rose from working-class roots, Henrietta Armstrong built a reputation as a bridge between the people and power, always balancing ideals with the realities of what truly moves society.
Timeline
-
Draft8 October 2020
-
Vote Open30 October 2020
-
Vote Closed19 December 2020
-
Did Not Become Law19 December 2020
Vote tally
Live tally across each chamber. Weighted by seats held.
Parliament
FailedFor: 31 / 100 seats (31.0%)
Against: 47 · Abstained: 0 · Not voted: 22
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Centrist Zone | 29 | Yes | We support this measure to increase employment and economic growth |
| Democratic Group | 47 | No | We’ve made our position clear in past votes on economic regulation, and our belief in prudential oversight will not change |
| Right Liberal Front Proposer | 0 | Yes | No reason given |
| The Gaia Syndicate | 0 | No | strong oversight keeps companies in check |
| Twin Avalon | 2 | Yes | We support this as a way to align Avalon to Port Avalon! |
Voting record
Every vote must state a public reason. Most recent first.
“We support this measure to increase employment and economic growth”
“strong oversight keeps companies in check”
“We’ve made our position clear in past votes on economic regulation, and our belief in prudential oversight will not change”