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Bill: Banking reform
Details
Submitted by[?]: Ultrackian Communist Party
Status[?]: defeated
Votes: This is an ordinary bill. It requires more yes votes than no votes. This bill will not pass any sooner than the deadline.
Voting deadline: November 4393
Description[?]:
| We shall fix the banking system |
Proposals
Article 1
Proposal[?] to change The banking system.
Old value:: The government operates a central bank and all other banks are private.
Current: The government operates a central bank and all other banks are private.
Proposed: The government operates large, national banks, but small community based private banks are allowed.
Article 2
Proposal[?] to change Central Bank oversight and regulation (if a central bank exists)
Old value:: The government appoints the head of the central bank and an executive board to manage the central bank but does not otherwise interfere in its operations.
Current: The central bank is an entirely independent agency of the government.
Proposed: The central bank is underneath the direct oversight of the national legislature.
Debate
These messages have been posted to debate on this bill:
| Date | 18:27:57, May 14, 2018 CET | From |  Liberal Party of Hutori | To | Debating the Banking reform |
| Message | Mr. Speaker These are measures we just beat and of course the Ultrackians haven't bothered mentioning how we are supposed to finance these massive national banks on a shoestring Finance Budget. We will not support. Caroline Stewart Minister of Trade & Industry Royalist Party Progressive Caucus Chairwoman MP for Wrightstown New Sertei |
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Voting
| Vote | Seats | ||||
| yes | Total Seats: 140 | ||||
| no |
Total Seats: 265 | ||||
| abstain | Total Seats: 0 |
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