But why would they change it? It makes no sense to show the list up and out of sight an not be able to scroll through them. That can't be how it's designed.This is how it's designed, unfortunately.
You can ignore the suggestions and just type out what you're looking for. You'll at least see the closest match.
I use bookmarks a lot and have many that are similar in label so there's no way I'll remember every one.
It worked good before, now its pretty much useless.