Financial Deregulation And Social Media Act of 2018

Proposed by National People's Front · fronted by Anna Schmidt

Opened

18 Oct 2018

Voting closes

17 Dec 2018

Chambers

2 legislatures

Articles

2 changes

Rationale

To boost economic growth and innovation by reducing regulatory burdens, fostering a competitive financial sector and tech-friendly environment for public benefit.

Proposed Changes

	Law	Previous		Proposed
1	Online Safety & Social Media	Targeted child-safety duties		Light-touch, self-regulation
2	Banking & Financial Regulation	Deregulated financial centre		Deregulated financial centre

1

Online Safety & Social Media

Previous law

Targeted child-safety duties

Light-touch, self-regulation

2

Banking & Financial Regulation

Previous law

Deregulated financial centre

Proposer

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

68,490 social followers

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.

🔬 Analytical 🎤 Fantastic Speaker 🏠 Reclusive 🔨 Working Class Background

Timeline

Draft

18 October 2018
Vote Open

18 October 2018
Vote Closed

17 December 2018
Did Not Become Law

17 December 2018

Vote tally

Live tally across each chamber. Weighted by seats held.

Bundesrat

Failed

10Yes 37No 22Not voted 69 seats

For: 10 / 69 seats (14.5%)

Against: 37 · Abstained: 0 · Not voted: 22

50.1% of those voting must vote in favour (actual = 21.3%)

Party	Seats	Vote	Reason
Civic Platform	0	No	No reason given
Labour Movement	4	No	No reason given
Liberal Nationalist Coalition	7	No	No reason given
Liberal Union	8	No	No reason given
National League For Freedom And Democracy	11	No	No reason given
National People's Front Proposer	10	Yes	No reason given
The Christian Democrats	7	No	No reason given

Bundestag

Failed

69Yes 423No 158Not voted 650 seats

For: 69 / 650 seats (10.6%)

Against: 423 · Abstained: 0 · Not voted: 158

50.1% of those voting must vote in favour (actual = 14.0%)

Party	Seats	Vote	Reason
Civic Platform	0	No	No reason given
Labour Movement	99	No	No reason given
Liberal Nationalist Coalition	96	No	No reason given
Liberal Union	101	No	No reason given
National League For Freedom And Democracy	66	No	No reason given
National People's Front Proposer	69	Yes	No reason given
The Christian Democrats	61	No	No reason given

Voting record

Every vote must state a public reason. Most recent first.

No votes cast yet.