Financial Regulation And Wage Reform Act of 2019
Rationale
These changes modernise policy to balance growth with fairness, ensuring stability in finance and protecting workers without stifling opportunity or competitiveness.
Proposed Changes
| Law | Previous | Proposed | ||
|---|---|---|---|---|
| 1 | Banking & Financial Regulation |
Deregulated financial centre
|
Light-touch regulation
|
|
| 2 | Minimum Wage Policy |
Maximum wage cap (no one may earn more than 10x the lowest-paid worker)
|
Basic minimum wage
|
1
Banking & Financial Regulation2
Minimum Wage PolicyProposer
Party
National Front
We support National Pride, Strict Immigration Laws, Investment in Law Enforcement, Agriculture & Mining, Domestic Oil & Gas Extraction, and Limited Red & Green Tape for businesses.
Core pillars
Camille Dupont
Activist · Age 50
A former high-flying investment banker with deep ties to the old financial elite, he traded wealth for influence, becoming the party’s most ardent insider and fiercely protective of its traditionalist vision.
Timeline
-
Draft23 February 2019
-
Vote Open23 February 2019
-
Vote Closed24 April 2019
-
Became Law24 April 2019
Vote tally
Live tally across each chamber. Weighted by seats held.
Senate
PassedFor: 157 / 348 seats (45.1%)
Against: 86 · Abstained: 0 · Not voted: 105
| Party | Seats | Vote | Reason |
|---|---|---|---|
| ALAYON | 36 | Yes | No reason given |
| Charlemont Unionists | 0 | Yes | No reason given |
| Green-left Movement | 86 | No | No reason given |
| National Front Proposer | 121 | Yes | No reason given |
| Empty seats | 14 | Not voted |
National Assembly
PassedFor: 280 / 577 seats (48.5%)
Against: 82 · Abstained: 0 · Not voted: 215
| Party | Seats | Vote | Reason |
|---|---|---|---|
| ALAYON | 121 | Yes | No reason given |
| Charlemont Unionists | 0 | Yes | No reason given |
| Green-left Movement | 82 | No | No reason given |
| National Front Proposer | 159 | Yes | No reason given |
| Empty seats | 17 | Not voted |
Presidency
PassedFor: 1 / 1 seats (100.0%)
Against: 0 · Abstained: 0 · Not voted: 0
| Party | Seats | Vote | Reason |
|---|---|---|---|
| ALAYON | 1 | Yes | No reason given |