New Eldoria

𝐂𝐡𝐚𝐩𝐭𝐞𝐫 𝟐𝟎: 𝐀𝐧𝐭𝐡𝐨𝐥𝐨𝐠𝐢𝐜𝐚𝐥 𝐄𝐯𝐞𝐧𝐭𝐬

The sun streamed through the grand windows of the Felora'n Palace, casting a warm glow over the bustling halls. Inside the General Assembly Chamber, a pivotal moment was unfolding. Representatives were gathered, and the atmosphere was charged with anticipation as the "Regional Fellors Bill" was set to be debated and voted upon.

In the chamber, Speaker James Ford took his position at the podium, his gavel poised to bring the meeting to order. The murmurs of conversation among the representatives gradually hushed as he struck the gavel, signaling the beginning of the session.

"Ladies and gentlemen of the General Assembly," Speaker Ford began, his voice echoing through the chamber, "today we will discuss a significant piece of legislation that promises to reshape our financial infrastructure and enhance economic transparency across our regions."

The bill in question, known as the Regional Fellors Bill, was designed to address the growing need for regional financial autonomy and improve the efficiency of economic transactions. It proposed the establishment of regional banks in each of Eldoria's major regions: Aegar, Orothon, Rasher, and Wetris. Additionally, these banks would cover the ten SAPs (Special Administrative Provinces) and report directly to the Central Bank of Eldoria (CBE) and the Commission on Audit and Inquiry (CAI).

Minister of Finance and Economy, Benjamin Blanchard, stood up to present the bill's details. His face was set in a determined expression as he approached the podium.

"Thank you, Speaker Ford," Blanchard began. "The Regional Fellors Bill is a landmark proposal aimed at decentralizing our financial systems and creating a more transparent and efficient transaction process. By establishing regional banks, we will reduce the bottlenecks associated with the Central Bank's approval process and allow for more localized financial management."

He continued, "Each regional bank will operate independently but will be accountable to both the Central Bank of Eldoria and the Commission on Audit and Inquiry. This structure will ensure that all financial activities are transparent and monitored effectively."

Rep. Howard Johnson, a vocal advocate for financial reform, raised his hand and was recognized to speak. "Minister Blanchard, can you provide more details on how these regional banks will function in relation to the Central Bank and CAI?"

Blanchard nodded. "Certainly, Representative Johnson. The regional banks will manage local financial transactions and maintain their own records. However, all significant transactions and financial reports will be submitted directly to the Central Bank of Eldoria and the Commission on Audit and Inquiry. This dual oversight will help prevent misuse of funds and ensure compliance with national financial regulations."

Another representative, Kiana Huart, Deputy Speaker and a proponent of regional autonomy, also spoke. "I support this bill wholeheartedly. The establishment of regional banks will not only streamline financial processes but also empower our regions with more control over their economic activities. It's a step toward greater local governance and economic stability."

As the debate continued, it was clear that the Regional Fellors Bill had garnered significant support from both sides of the aisle. The representatives exchanged ideas and posed questions, but the consensus was increasingly in favor of the bill.

With the discussion concluded, Speaker Ford called for a vote. The representatives cast their ballots, and the results were quickly tallied. The bill passed with a resounding majority, signaling a crucial step forward for Eldoria's financial system and with that the Regional Fellors Act of 1938 was born.

Later that day, President Brooks convened a meeting in his office to review the new legislation. Vice President Rico Guord and Minister Benjamin Blanchard were present, along with other key advisors.