UNLOCK THE POWER OF THE VAULT

Congressional sit-in disrupted by failed attempt to override veto of anti-DOL fiduciary rule bill

June 23, 2016

 

 


Congressional sit-in disrupted by failed attempt to override veto of anti-DOL fiduciary rule bill

Jun 23, 2016 @ 6:31 am | By Mark Schoeff Jr. | Investment News

The House of Representatives failed Wednesday night to override a presidential veto of a resolution that would kill a Labor Department investment advice regulation.

The vote, which occurred around 10:30 p.m., was used by House Republicans to break up a sit-in by Democratic lawmakers demanding action on gun-control legislation. The Democratic demonstration had shut down the House floor since late Wednesday morning.

The veto override passed, 239-180, on a party-line vote, falling well short of the two-thirds majority needed to overcome President Barack Obama’s rejection of the resolution.

Article Located Here

Print Friendly, PDF & Email
Go Back
Matthew C. Strife
Blue Vault Services
April 11, 2016

Blue Vault's services are without question great resources for the review of the nontraded products offered.