Economic Freedom and Deregulation Act of 2022
Rationale
Excessive regulation and state intervention hinder economic growth and limit individual opportunity. This proposal cuts unnecessary bureaucracy, lowers regulatory burdens, and restores market freedom to empower businesses and citizens across Columbia.
Proposed Changes
| Law | Previous | Proposed | ||
|---|---|---|---|---|
| 1 | Banking & Financial Regulation |
Strong prudential oversight
|
Light-touch regulation
|
1
Banking & Financial RegulationProposer
Party
Columbian Alliance Of Freedom
A party where freedom flows like rivers and barriers dissolve into bridges. We stand for the unshackled soul of humankind.
Core pillars
Philippa Henderson
Activist · Age 53
Once a high-flying banker who walked away from Wall Street riches, Philippa now wields her financial acumen in the political arena, delivering thunderous speeches that blend bold ambition with the cold logic of balance sheets.
Timeline
-
Draft23 August 2022
-
Vote Open23 August 2022
-
Vote Closed22 October 2022
-
Did Not Become Law22 October 2022
Vote tally
Live tally across each chamber. Weighted by seats held.
Senate
FailedFor: 0 / 100 seats (0.0%)
Against: 79 · Abstained: 13 · Not voted: 8
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Columbian Alliance Of Freedom Proposer | 0 | Yes | No reason given |
| Columbian Communist Congress | 0 | No | Less regulation, more inequality. |
| Conservative Alliance Of Columbia (CAC) | 79 | No | While we subscribe to free markets, We also know the damage that un regulated financial system can do |
| Free Citizens Alliance | 13 | Abstain | No reason given |
| Peoples Columbian Socialist Alliance | 0 | No | the fiscal sector left unregulated means consumer's being ripped of and financial scams and loopholes crawling all over the sector. |
| Socialism Alliance Of Columbia | 0 | Abstain | No reason given |
| Empty seats | 26 | Not voted |
House of Representatives
FailedFor: 0 / 435 seats (0.0%)
Against: 202 · Abstained: 116 · Not voted: 117
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Columbian Alliance Of Freedom Proposer | 0 | Yes | No reason given |
| Columbian Communist Congress | 63 | No | Less regulation, more inequality. |
| Conservative Alliance Of Columbia (CAC) | 39 | No | While we subscribe to free markets, We also know the damage that un regulated financial system can do |
| Free Citizens Alliance | 116 | Abstain | No reason given |
| Peoples Columbian Socialist Alliance | 100 | No | the fiscal sector left unregulated means consumer's being ripped of and financial scams and loopholes crawling all over the sector. |
| Socialism Alliance Of Columbia | 0 | Abstain | No reason given |
| Empty seats | 103 | Not voted |
Presidency
FailedFor: 0 / 1 seats (0.0%)
Against: 1 · Abstained: 0 · Not voted: 0
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Peoples Columbian Socialist Alliance | 1 | No | No reason given |
Voting record
Every vote must state a public reason. Most recent first.
“the fiscal sector left unregulated means consumer's being ripped of and financial scams and loopholes crawling all over the sector.”
“Less regulation, more inequality.”
“While we subscribe to free markets, We also know the damage that un regulated financial system can do”