“The bill is unconstitutional because it was not introduced by the Minister of Industry and Trade.”
Strengthening Financial And Industrial Oversight of 2024
Rationale
Strengthening financial oversight and public ownership of natural monopolies ensures stability, fairness, and public control over essential services.
Proposed Changes
| Law | Previous | Proposed | ||
|---|---|---|---|---|
| 1 | Banking & Financial Regulation |
Deregulated financial centre
|
Strong prudential oversight
|
|
| 2 | Public Ownership of Key Industries |
Private, with strong regulation
|
Public ownership of natural monopolies
|
1
Banking & Financial Regulation2
Public Ownership of Key IndustriesProposer
Party
Sverian People's Alliance
A people’s alliance forging futures unshackled by dogma or decay. Education lights the way infrastructure paves it forward welfare secures the harvest.
Core pillars
Rosalind Adams
Activist · Age 35
A media-savvy firebrand with relentless ambition, Rosalind Adams channels her charismatic energy into radical change, mastering public narrative to climb the political ladder with unshakable confidence.
Timeline
-
Draft6 May 2024
-
Vote Open6 May 2024
-
Vote Closed5 July 2024
-
Did Not Become Law5 July 2024
Vote tally
Live tally across each chamber. Weighted by seats held.
National Parliament
FailedFor: 92 / 200 seats (46.0%)
Against: 257 · Abstained: 0 · Not voted: 0
| Party | Seats | Vote | Reason |
|---|---|---|---|
| National Development | 69 | No | The bill is unconstitutional because it was not introduced by the Minister of Industry and Trade. |
| Sveria Socialists United | 92 | Yes | The SSU supports expanding regulations and ensuring key industries are serving the people of Sveria over shareholders |
| Sverian People's Alliance Proposer | 0 | Yes | No reason given |
| Workers Democratic Alliance | 188 | No | As the ND said- this bill is unconstitutional. |
Union Parliament
FailedFor: 227 / 700 seats (32.4%)
Against: 493 · Abstained: 0 · Not voted: 0
| Party | Seats | Vote | Reason |
|---|---|---|---|
| National Development | 147 | No | The bill is unconstitutional because it was not introduced by the Minister of Industry and Trade. |
| Sveria Socialists United | 227 | Yes | The SSU supports expanding regulations and ensuring key industries are serving the people of Sveria over shareholders |
| Sverian People's Alliance Proposer | 0 | Yes | No reason given |
| Workers Democratic Alliance | 346 | No | As the ND said- this bill is unconstitutional. |
Voting record
Every vote must state a public reason. Most recent first.
“As the ND said- this bill is unconstitutional.”
“The Workers Democratic Alliance supports these reforms. Financial institutions must be properly regulated, and essential natural monopolies should serve the public interest rather than private profit. We believe the economy should work for working people, with accountability and public ownership where it matters most.”
“The SSU supports expanding regulations and ensuring key industries are serving the people of Sveria over shareholders”