House of Lords Speaker be a member of the House of Lords (though the same has long been customary). Whilst presiding over the House of Lords, the Lord Chancellor traditionally wore ceremonial black and gold robes. Robes of black and gold are now worn by the Lord Chancellor and Secretary of State for Justice in the House of Commons, on ceremonial occasions. This is no longer a requirement for the Lord Speaker except for State occasions outside of the chamber. The Speaker or Deputy Speaker sits on the Woolsack, a large red seat stuffed with wool, at the front of the Lords Chamber.
Lords Commissioners of the Treasury the powers of the Houses of Parliament in favour of the lower house. From the Glorious Revolution and onwards it had become increasingly constitutionally untenable for the person setting fiscal policy (i.e. the Chancellor) to reside in the House of Lords, a principle which was embedded permanently in the constitution from 1718 with the resignation of Lord Stanhope (note this excepts the brief tenures of certain Lord Chief Justices, who historically assumed the office of Chancellor of the Exchequer "pro tempore" during vacancies, and who were often peers). That notwithstanding, the constitutional convention mandating that the Prime Minister reside in