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Bill: Banking Reform Act
Details
Submitted by[?]: Republican Party - Liberty Caucus
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: June 4471
Description[?]:
| A bill designed to privatize all other banks within The United States of Baltusia |
Proposals
Article 1
Proposal[?] to change The banking system.
Old value:: The government operates a central bank and all other banks are private.
Current: All banks are privately owned.
Proposed: All banks are privately owned.
Debate
These messages have been posted to debate on this bill:
| Date | 02:32:55, October 17, 2018 CET | From | Republican Party | To | Debating the Banking Reform Act |
| Message | Mr. Speaker I would like to say ahead of time the Republican Party and its caucuses always support the end of burdensome government regulations, especially on our financial services sectors, but would this particular Act have been better under the End the Fed Act, rather then under Banking Reform itself? Further for future, I would appreciate if this could be in front of committee for longer to iron out some of the issues and kinks; for example what happens to the assets currently underneath the Federal Reserve and more importantly, the employees of the Federal Reserve, of which the Executives, will likely be owed significant severance or retirement packages. Martha Rawlins (R-NE) House Minority Whip Congresswoman for New Egelion's 37th District |
| Date | 02:43:49, October 17, 2018 CET | From | Government of Tropica | To | Debating the Banking Reform Act |
| Message | Mr Speaker. we don't need a wild west in the Bank Sector. The financials services are already mostly privatised. We do not need to scrap it. And the last thing we need to, is to remove all regulations in hope the (free market) fixe itself by magic. Jane Brooks PLCA Economic Speaker |
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Voting
| Vote | Seats | ||||||
| yes | Total Seats: 68 | ||||||
| no |
Total Seats: 401 | ||||||
| abstain | Total Seats: 0 |
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| Random quote: "He who wishes to be obeyed must know how to command." - Niccolo Machiavelli |