SJRES 13 · 119th Congress · Finance and Financial Sector

A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Office of the Comptroller of the Currency of the Department of the Treasury relating to the review of applications under the Bank Merger Act.

Introduced 2025-02-04· Sponsored by Sen. Kennedy, John [R-LA]· Senate

Bill Progress

1
Introduced
Committee
Senate Vote
House
Enacted
Latest: Became Public Law No: 119-19.(2025-06-20)

Recorded Votes

PassedHouse · 2025-05-20
Roll #137
Yea 220Nay 207
Democrats
1 Yea·207 Nay
Republicans
219 Yea·0 Nay
PassedHouse · 2025-05-20
Roll #137
Yea 220Nay 207
Democrats
1 Yea·207 Nay
Republicans
219 Yea·0 Nay
PassedSenate · 2025-05-07
Roll #237
Yea 52Nay 47

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Plain Language Summary

[AI summary unavailable — showing source text] This joint resolution nullifies the final rule issued by the Department of the Treasury’s Office of the Comptroller of the Currency titled Business Combinations Under the Bank Merger Act and published on September 25, 2024. The rule revises procedures for reviewing applications for proposed bank mergers, such as by removing automatic approvals under an expedited review procedure and by discontinuing streamlined application forms.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (5)

5 Republicans