“Alliance is great guy”
Prudential Oversight Strengthening Act of 2024
Rationale
Strong prudential oversight enhances stability and consumer protection in the financial system, reducing systemic risks for the public.
Proposed Changes
| Law | Previous | Proposed | ||
|---|---|---|---|---|
| 1 | Banking & Financial Regulation |
Capital controls, separated retail/investment banking
|
Strong prudential oversight
|
1
Banking & Financial RegulationProposer
Party
Alliance
The Alliance champions free enterprise as the engine of progress where liberty fuels ambition and diplomacy paves the road to stability
Core pillars
Gabriela Castillo
Minister of Finance · Age 34
Once a fiery student protester, Gabriela now sharpens her radical vision with cold economic analysis, crafting impassioned arguments behind closed doors where her commanding voice echoes most.
Timeline
-
Draft25 April 2024
-
Vote Open25 April 2024
-
Vote Closed24 June 2024
-
Became Law24 June 2024
Vote tally
Live tally across each chamber. Weighted by seats held.
Senado
PassedFor: 141 / 266 seats (53.0%)
Against: 0 · Abstained: 45 · Not voted: 80
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Alliance Proposer | 99 | Yes | No reason given |
| Costavela Democratic Union | 21 | Yes | We agree with this proposal |
| Revolutionary Socialist Union | 45 | Abstain | We find the current regulations acceptable and sufficient; we don't want investing to become an endless bureaucratic nightmare. However, we will not take a position for or against further regulation |
| Youth Of Costa | 21 | Yes | Alliance is great guy |
| Empty seats | 54 | Not voted |
Congress of Deputies
PassedFor: 195 / 350 seats (55.7%)
Against: 0 · Abstained: 49 · Not voted: 106
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Alliance Proposer | 105 | Yes | No reason given |
| Costavela Democratic Union | 37 | Yes | We agree with this proposal |
| Revolutionary Socialist Union | 49 | Abstain | We find the current regulations acceptable and sufficient; we don't want investing to become an endless bureaucratic nightmare. However, we will not take a position for or against further regulation |
| Youth Of Costa | 53 | Yes | Alliance is great guy |
| Empty seats | 80 | Not voted |
Voting record
Every vote must state a public reason. Most recent first.
“Liberty again !!!!!!!!”
“We agree with this proposal”
“We find the current regulations acceptable and sufficient; we don't want investing to become an endless bureaucratic nightmare. However, we will not take a position for or against further regulation”