Financial Deregulation And Development Act of 2019
Rationale
These reforms will stimulate economic growth by reducing regulatory burdens and unlocking land for housing and infrastructure, delivering tangible benefits to communities now.
Proposed Changes
| Law | Previous | Proposed | ||
|---|---|---|---|---|
| 1 | Banking & Financial Regulation |
Deregulated financial centre
|
Light-touch regulation
|
|
| 2 | Land Conservation & Rewilding |
Prioritise development over protection
|
Prioritise development over protection
|
1
Banking & Financial Regulation2
Land Conservation & RewildingProposer
Party
National People's Front
The NFP is a center-right party that advocates social capitalism, the Welfare State, Ordoliberalism, and a social market economy. The left wing of the NFP wants a mixed economy with an active state. We put people's interests first.
Core pillars
Anna Schmidt
Activist · Age 37
Raised in a working-class district, Anna Schmidt overcame a reclusive nature to become a spellbinding orator, blending sharp analytical insights with an uncanny ability to channel the frustrations of ordinary people.
Timeline
-
Draft22 April 2019
-
Vote Open22 April 2019
-
Vote Closed21 June 2019
-
Became Law21 June 2019
Vote tally
Live tally across each chamber. Weighted by seats held.
Bundesrat
PassedFor: 41 / 69 seats (59.4%)
Against: 13 · Abstained: 0 · Not voted: 15
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Civic Platform | 6 | No | No reason given |
| Labour Movement | 7 | No | No reason given |
| Liberal Nationalist Coalition | 12 | Yes | No reason given |
| Liberal Union | 10 | Yes | No reason given |
| National League For Freedom And Democracy | 8 | Yes | No reason given |
| National People's Front Proposer | 7 | Yes | No reason given |
| Rheinland Heritage Union | 0 | Yes | No reason given |
| The Christian Democrats | 4 | Yes | No reason given |
Bundestag
PassedFor: 368 / 650 seats (56.6%)
Against: 129 · Abstained: 0 · Not voted: 153
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Civic Platform | 59 | No | No reason given |
| Labour Movement | 70 | No | No reason given |
| Liberal Nationalist Coalition | 110 | Yes | No reason given |
| Liberal Union | 66 | Yes | No reason given |
| National League For Freedom And Democracy | 69 | Yes | No reason given |
| National People's Front Proposer | 76 | Yes | No reason given |
| Rheinland Heritage Union | 7 | Yes | No reason given |
| The Christian Democrats | 40 | Yes | No reason given |