“....................”
Banking Regulation Reform Act of 2023
Rationale
Stronger regulation prevents bank failures that harm taxpayers and ensures safer financial services for consumers and businesses.
Proposed Changes
| Law | Previous | Proposed | ||
|---|---|---|---|---|
| 1 | Banking & Financial Regulation |
Light-touch regulation
|
Capital controls, separated retail/investment banking
|
1
Banking & Financial RegulationProposer
Party
Blue Labour
Blue Labour forges a nation where work shapes identity the earth sustains and borders stand firm for those who earn their place.
Core pillars
Émilie Garcia
Activist · Age 46
Once a pop star who traded fame for frontline politics, Émilie Garcia now wields her celebrity like a weapon, turning speeches into viral movements and crowds into unstoppable waves of support.
Timeline
-
Draft26 September 2023
-
Vote Open26 September 2023
-
Vote Closed25 November 2023
-
Became Law25 November 2023
Vote tally
Live tally across each chamber. Weighted by seats held.
Senate
PassedFor: 120 / 348 seats (34.5%)
Against: 71 · Abstained: 120 · Not voted: 37
| Party | Seats | Vote | Reason |
|---|---|---|---|
| ALAYON | 59 | Abstain | No reason given |
| Blue Labour Proposer | 35 | Yes | No reason given |
| Charlemont Rise Up ! | 61 | Abstain | No reason given |
| Green-left Movement | 82 | Yes | The Green-Left Movement supports stronger banking regulation to protect ordinary people and businesses from reckless financial practices and costly bank failures. A stable, accountable banking system should serve the real economy rather than put taxpayers at risk. |
| National Front | 71 | No | No, this will damage our financial sector |
| Radical Republicans | 3 | Yes | .................... |
| Empty seats | 14 | Not voted |
National Assembly
PassedFor: 138 / 577 seats (23.9%)
Against: 116 · Abstained: 226 · Not voted: 97
| Party | Seats | Vote | Reason |
|---|---|---|---|
| ALAYON | 67 | Abstain | No reason given |
| Blue Labour Proposer | 41 | Yes | No reason given |
| Charlemont Rise Up ! | 159 | Abstain | No reason given |
| Green-left Movement | 97 | Yes | The Green-Left Movement supports stronger banking regulation to protect ordinary people and businesses from reckless financial practices and costly bank failures. A stable, accountable banking system should serve the real economy rather than put taxpayers at risk. |
| National Front | 116 | No | No, this will damage our financial sector |
| Radical Republicans | 0 | Yes | .................... |
| Empty seats | 17 | Not voted |
Presidency
PassedFor: 0 / 1 seats (0.0%)
Against: 0 · Abstained: 0 · Not voted: 1
Voting record
Every vote must state a public reason. Most recent first.
“No, this will damage our financial sector”
“The Green-Left Movement supports stronger banking regulation to protect ordinary people and businesses from reckless financial practices and costly bank failures. A stable, accountable banking system should serve the real economy rather than put taxpayers at risk.”