In First Major Action of 2015, House GOP Fails To Ram Through Wall Street Favor
The House of Representatives failed on Wednesday afternoon to ram through a bill that would further delay implementation of Dodd-Frank financial reform. Republicans attempted to pass the measure after suspending House rules–a procedure which denies members the right to amend or debate a bill, but requires two-thirds of the chamber’s support for it to advance. Only 276 Congresspeople voted in favor of the bill, while 146 opposed it. Prominent Democrats managed to marshal sufficient opposition to the maneuver, with Congressional Progressive Caucus co-chair Rep. Keith… Keep Reading