U.S. House fails to pass Republican bill diluting Dodd-Frank reforms

[belzabubba333]

16. ok under suspension of the rules thank you. here's more for those who dont know.

from wiki




Suspension of the rules is a procedure generally used to quickly pass non-controversial bills in the United States House of Representatives.

A motion to suspend the rules is in order on Mondays and Tuesdays and towards the end of a session of Congress and may only be made by the Speaker of the House or their designee, though it is customary for committee chairs to write the Speaker requesting a suspension. Once a member makes a motion to "suspend the rules" and take some action, debate is limited to 40 minutes, no amendments can be offered to the motion or the underlying matter, and a 2/3 majority of Members present and voting is required to agree to the motion.

A suspension motion sets aside all procedural and other rules that otherwise prohibit the House from considering the measure—but the motion never mentions the specific rules that are suspended. Typically, a suspension motion is phrased as a motion to "...suspend the rules and pass the bill," and, if the Motion is agreed to, the bill is considered passed by the House. A Member can also move to suspend the rules and take another action, such as to "suspend the rules and consider the bill," and the House shall take the proposed action if two-thirds of those voting are in favor of the motion.

Most often, bills "on suspension" are non-controversial legislation -- such as naming Post Offices of the United States Postal Service or federal buildings -- and nearly all bills that are considered under suspension rules have bipartisan support. Both major political parties in the United States -- the Democratic Party and Republican Party -- have internal rules that prohibit proposing or supporting a bill under suspension unless it costs less than $100 million.