Economic Reform Act of 2019
Rationale
These changes aim to boost economic growth and flexibility by reducing regulatory burdens on businesses, encouraging investment and innovation for long-term public prosperity.
Proposed Changes
| Law | Previous | Proposed | ||
|---|---|---|---|---|
| 1 | Banking & Financial Regulation |
Capital controls, separated retail/investment banking
|
Light-touch regulation
|
|
| 2 | Competition & Monopolies |
Active competition enforcement
|
Permissive on mergers and scale
|
|
| 3 | Public Ownership of Key Industries |
Private, with strong regulation
|
Privatise and lightly regulate
|
1
Banking & Financial Regulation2
Competition & Monopolies3
Public Ownership of Key IndustriesProposer
Party
Columbia Forward
Columbia Forward is a modern, reformist party dedicated to unlocking Columbia’s potential through innovation, economic growth, and individual freedom. We believe in investing in infrastructure and empowering young people to drive a dynamic, competitive, and inclusive future.
Core pillars
Rosalind Hamilton
Activist · Age 53
After two decades in academia studying labor economics, Rosalind Hamilton abandoned ivory towers for the streets, using her razor-sharp analysis and unshakable loyalty to turn raw numbers into persuasive arguments for the working class.
Timeline
-
Draft25 March 2019
-
Vote Open16 September 2019
-
Vote Closed16 September 2019
-
Did Not Become Law16 September 2019
Vote tally
Live tally across each chamber. Weighted by seats held.
Senate
FailedFor: 0 / 100 seats (0.0%)
Against: 0 · Abstained: 0 · Not voted: 100
House of Representatives
FailedFor: 0 / 435 seats (0.0%)
Against: 0 · Abstained: 0 · Not voted: 435
Presidency
PassedFor: 0 / 1 seats (0.0%)
Against: 0 · Abstained: 0 · Not voted: 1