“iuftu9igyuoytioyt898tgy”
Financial Stability and Banking Reform Act of 2023
Rationale
This reform will strengthen financial stability, reduce excessive risk, protect ordinary citizens and prevent financial crises. Separating retail and investment banking will create a safer and more accountable financial system.
Proposed Changes
| Law | Previous | Proposed | ||
|---|---|---|---|---|
| 1 | Banking & Financial Regulation |
Deregulated financial centre
|
Capital controls, separated retail/investment banking
|
1
Banking & Financial RegulationProposer
Party
People Welfare Alliance
We forge the future with unshackled hands and iron will. Schools rise steel-first education for the bold and free.
Core pillars
Eduardo Alonso
Activist · Age 55
A calculating strategist with a sharp eye for political advantage, Eduardo Alonso climbed the ranks through sheer cunning, favoring backroom deals and calculated risks over public speaking, where his blunt honesty often backfires despite his razor-sharp understanding of power.
Timeline
-
Draft12 June 2023
-
Vote Open12 June 2023
-
Vote Closed11 August 2023
-
Became Law11 August 2023
Vote tally
Live tally across each chamber. Weighted by seats held.
Senado
PassedFor: 266 / 266 seats (100.0%)
Against: 0 · Abstained: 0 · Not voted: 0
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Alianza Conservadora Popular | 74 | Yes | iuftu9igyuoytioyt898tgy |
| People And Planet | 0 | Yes | We need to learn the lessons of previous financial crisis's and regulate the banking sector |
| People Welfare Alliance Proposer | 0 | Yes | No reason given |
| Revolutionary Socialist Union | 192 | Yes | Quite sensible actually |
| Empty seats | 54 | Not voted |
Congress of Deputies
PassedFor: 299 / 350 seats (85.4%)
Against: 0 · Abstained: 0 · Not voted: 51
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Alianza Conservadora Popular | 76 | Yes | iuftu9igyuoytioyt898tgy |
| People And Planet | 170 | Yes | We need to learn the lessons of previous financial crisis's and regulate the banking sector |
| People Welfare Alliance Proposer | 10 | Yes | No reason given |
| Revolutionary Socialist Union | 43 | Yes | Quite sensible actually |
| Empty seats | 80 | Not voted |
Voting record
Every vote must state a public reason. Most recent first.
“We need to learn the lessons of previous financial crisis's and regulate the banking sector”
“Quite sensible actually”