“ASTER votes yes because a stable and fair financial system is essential to a society where opportunity is shared. We support reasonable banking regulation that protects the wider economy while preserving competition and allowing responsible private enterprise to thrive. Financial freedom should not mean freedom from responsibility. Carefully balanced rules can strengthen trust, stability, and equal opportunity without suffocating innovation. For ASTER, good institutions do not exist to control society, but to ensure that society does not lose control of its own future. #ASTER 🌠”
Financial Regulation Reform Act of 2023
Rationale
We need changes in the banking system to address the underperformance of the Mining & Metals, Automotive, and Agriculture & Food sectors—given that we are not granting these sectors sovereignty—though I advocate for light-touch regulation to still allow for competition and the free market.
Proposed Changes
| Law | Previous | Proposed | ||
|---|---|---|---|---|
| 1 | Banking & Financial Regulation |
Deregulated financial centre
|
Light-touch regulation
|
1
Banking & Financial RegulationTimeline
-
Draft21 April 2023
-
Vote Open21 April 2023
-
Vote Closed20 June 2023
-
Did Not Become Law20 June 2023
Vote tally
Live tally across each chamber. Weighted by seats held.
Parlament
PassedFor: 50 / 67 seats (74.6%)
Against: 17 · Abstained: 0 · Not voted: 0
| Party | Seats | Vote | Reason |
|---|---|---|---|
| ASTER | 0 | Yes | ASTER votes yes because a stable and fair financial system is essential to a society where opportunity is shared. We support reasonable banking regulation that protects the wider economy while preserving competition and allowing responsible private enterprise to thrive. Financial freedom should not mean freedom from responsibility. Carefully balanced rules can strengthen trust, stability, and equal opportunity without suffocating innovation. For ASTER, good institutions do not exist to control society, but to ensure that society does not lose control of its own future. #ASTER 🌠 |
| Bier Für Holzminden | 17 | No | We Need private Banks be untouched to hold Financial Market |
| Liberal Platform | 9 | Yes | We support regulation because we need rules for freedom to exist; without rules and regulations, freedom will only be rhetoric from a failed discourse. That's why we vote YES! #LiberalPlatform 🗽 |
| Republican Democratic | 0 | Yes | We vote yes because the nation need a changment and the changment propose by this proposition is good for the nation. |
| The Representatief Of The Voters | 6 | Yes | Its great for the country |
| Tomorrow's Holzminden | 11 | Yes | Regulation is needed in the economy |
| Union And National Renewal Proposer | 24 | Yes | No reason given |
Der Härteste
FailedFor: 0 / 1 seats (0.0%)
Against: 1 · Abstained: 0 · Not voted: 0
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Bier Für Holzminden | 1 | No | No reason given |
Voting record
Every vote must state a public reason. Most recent first.
“Regulation is needed in the economy”
“We vote yes because the nation need a changment and the changment propose by this proposition is good for the nation.”
“We Need private Banks be untouched to hold Financial Market”
“We support regulation because we need rules for freedom to exist; without rules and regulations, freedom will only be rhetoric from a failed discourse. That's why we vote YES! #LiberalPlatform 🗽”
“Its great for the country”