Financial Regulation Reform Act of 2023
Rationale
Light-touch regulation reduces compliance costs for banks, boosting lending and economic growth while maintaining stability.
Proposed Changes
| Law | Previous | Proposed | ||
|---|---|---|---|---|
| 1 | Banking & Financial Regulation |
Strong prudential oversight
|
Light-touch regulation
|
1
Banking & Financial RegulationProposer
Party
Center-Left Coalition
A democratic Center-Left Coalition committed to social justice, equal opportunity, economic security, and practical reform. We believe progress should benefit everyone, not just a privileged few.
Core pillars
Diana Vaughan
Activist · Age 45
A Harvard-trained lawyer from an old money family, Diana Vaughan leveraged her elite education and inherited wealth into high-level political consulting before turning to direct activism, where her razor-sharp rhetoric and silver-tongued charm have made her a rising star in the party's inner circles.
Timeline
-
Draft9 December 2023
-
Vote Open23 January 2024
-
Vote Closed23 March 2024
-
Became Law23 March 2024
Vote tally
Live tally across each chamber. Weighted by seats held.
Proletarian Assembly
PassedFor: 113 / 520 seats (21.7%)
Against: 0 · Abstained: 378 · Not voted: 29
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Center-Left Coalition Proposer | 113 | Yes | No reason given |
| Freedom Alliance | 0 | Yes | Light law that can change a lot in the duration. Congratulations. |
| Parti Communiste Révolutionnaire | 82 | Abstain | on est mitiger pour la lois |
| Structural Centrist Academic Conference | 296 | Abstain | No reason given |
Union Assembly
PassedFor: 16 / 50 seats (32.0%)
Against: 0 · Abstained: 47 · Not voted: 0
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Center-Left Coalition Proposer | 16 | Yes | No reason given |
| Freedom Alliance | 0 | Yes | Light law that can change a lot in the duration. Congratulations. |
| Parti Communiste Révolutionnaire | 22 | Abstain | on est mitiger pour la lois |
| Structural Centrist Academic Conference | 25 | Abstain | No reason given |
President
PassedFor: 1 / 1 seats (100.0%)
Against: 0 · Abstained: 0 · Not voted: 0
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Center-Left Coalition Proposer | 1 | Yes | No reason given |
Voting record
Every vote must state a public reason. Most recent first.
“on est mitiger pour la lois”
“Light law that can change a lot in the duration. Congratulations.”