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Ok and? This act has nothing to do with financial reform.
If you think this changes anything then I have a bridge to sell you.
It literally does, though?
Passed House (03/03/2021) For the People Act of 2021 This bill addresses voter access, election integrity and security, campaign finance, and ethics for the three branches of government. Specifically, the bill expands voter registration (e.g., automatic and same-day registration) and voting access (e.g., vote-by-mail and early voting). It also limits removing voters from voter rolls. The bill requires states to establish independent redistricting commissions to carry out congressional redistricting. Additionally, the bill sets forth provisions related to election security, including sharing intelligence information with state election officials, supporting states in securing their election systems, developing a national strategy to protect U.S. democratic institutions, establishing in the legislative branch the National Commission to Protect United States Democratic Institutions, and other provisions to improve the cybersecurity of election systems. Further, the bill addresses campaign finance, including by expanding the prohibition on campaign spending by foreign nationals, requiring additional disclosure of campaign-related fundraising and spending, requiring additional disclaimers regarding certain political advertising, and establishing an alternative campaign funding system for certain federal offices. The bill addresses ethics in all three branches of government, including by requiring a code of conduct for Supreme Court Justices, prohibiting Members of the House from serving on the board of a for-profit entity, and establishing additional conflict-of-interest and ethics provisions for federal employees and the White House. The bill requires the President, the Vice President, and certain candidates for those offices to disclose 10 years of tax returns.It was a partisan DNC bill that immediately passed the house upon them gaining a majority.
And how exactly is this reforming finance? I’ve read the entire thing and don’t see a single thing that will change the current financial system in any meaningful way
If that's true then clearly you don't have the reading comprehension to understand it even if it were explained to you.
Sounds like a strawman argument to me. This was passed years ago yet nothing has actually changed. It’s meaningless. If you can show me empirical evidence that demonstrates real reform then show me, otherwise your words are as meaningless as this “act”.
You have no argument.
It never passed. It went through the house and never passed in the senate. Idiot.
Thanks for proving my point. ROFL.
Way to go slugger.
Your point was that a thing which you claim passed did not in fact pass? And I proved that? Clearly I'm arguing with an addict of some sort, hope you get that sorted out.
Nope. My point is that regardless of who is in office there is no financial reform. It’s the same bullshit regardless of which party is in office.
The fact that it wasn’t passed just echos my point. No one in power is interested in real reform. It’s rich vs poor and congress is on the rich side.
It’s clear you’re too daft to understand that.
I'm sorry for calling you an idiot, earlier. If you're interested in the subject then I'll leave a brief intro to the US political process.
It's a bit convoluted but basically for a bill to become law it has to pass 3 chambers: the House, the Senate, and be signed by the sitting President. Even after this, the courts can rule changing the interpretation of the law but generally that doesn't happen often because Congress can impeach a judge for misconduct, and judicial organizations can disbar them, effectively ending their legal career.
Amendments to the constitution, anything that changes the congressional budget past a defined limit, removal from office a federal official, or vetoing a decision by a sitting president all require a Supermajority (sometimes referred to as a 2/3rds vote) which is 67 out of 100 senators or 290 of 435 house representatives. One tactic people use to prevent a bill from passing is to simply "filibuster" or prolong the debate process by taking a stand at the podium for long periods of time until people leave to sleep, eat, or return to their families causing them to miss the vote, but a 2/3rds majority can also bypass the filibuster and force the vote to proceed.
HR1 For the People Act was passed in the House of Representatives after the "Blue Wave" backlash against conservatives in 2020 where a lot of new DNC representatives were elected to the House. Unfortunately it was short lived as the Senate has been in a deadlock ever since, even now it's a 48:49 DNC to RNC split with 3 Independents caucusing with DNC to have them elect the majority leader. A total of 45 DNC Senators sponsored the bill but it's not nearly enough to bypass filibuster or even pass at all without support from other parties.