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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: January 4395
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 | 17:23:47, May 17, 2018 CET | From | Ultrackian Communist Party | To | Debating the Banking reform |
Message | Mr speaker If I may ask, which provision do the opposing party’s dislike |
Date | 17:23:47, May 17, 2018 CET | From | Ultrackian Communist Party | To | Debating the Banking reform |
Message | Mr speaker If I may ask, which provision do the opposing party’s dislike |
Date | 17:47:09, May 17, 2018 CET | From | Liberal Party of Hutori | To | Debating the Banking reform |
Message | Mr. Speaker Our issue with this Bill as always is Article I. We moved to demolish the Five Provinicial National Bank was the immense cost to the Treasury and the overlapping and unneeded bureaucracy. The current system of a single Central Reserve Bank performs the duties that are necessary. Caroline Stewart Minister of Trade & Industry MP for Wrightstown New Sertei Chairwoman of the Royalist Progressive Caucus |
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Voting
Vote | Seats | |||||
yes | Total Seats: 140 | |||||
no |
Total Seats: 265 | |||||
abstain |
Total Seats: 0 |
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