“Can't agree on articles 2 and 3”
Economic Deregulation And Public Ownership Act of 2022
Rationale
These changes aim to boost economic growth, enhance consumer choice, and ensure fair markets while protecting essential services for public benefit.
Proposed Changes
| Law | Previous | Proposed | ||
|---|---|---|---|---|
| 1 | Banking & Financial Regulation |
Light-touch regulation
|
Deregulated financial centre
|
|
| 2 | Competition & Monopolies |
Active competition enforcement
|
Proactively break up dominant firms
|
|
| 3 | Public Ownership of Key Industries |
Private, with strong regulation
|
Public ownership of natural monopolies
|
1
Banking & Financial Regulation2
Competition & Monopolies3
Public Ownership of Key IndustriesProposer
Party
New Solidarity
New Solidarity champions a greener future, strong public welfare, gender equality, and opportunities for young people. We believe everyone deserves dignity, a healthy environment, and a fair chance to shape society.
Core pillars
Penelope Richardson
Activist · Age 38
Once a rising star in high finance, Penelope Richardson walked away from a lucrative career to expose Wall Street's predatory lending practices, using her sharp wit and media savvy to rally public outrage against economic injustice.
Timeline
-
Draft26 January 2022
-
Vote Open26 January 2022
-
Vote Closed27 March 2022
-
Did Not Become Law27 March 2022
Vote tally
Live tally across each chamber. Weighted by seats held.
National Assembly
FailedFor: 16 / 36 seats (44.4%)
Against: 20 · Abstained: 0 · Not voted: 0
| Party | Seats | Vote | Reason |
|---|---|---|---|
| New Solidarity Proposer | 16 | Yes | No reason given |
| Patriots Of Veridia | 20 | No | Can't agree on articles 2 and 3 |