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.
Latest action · Jun 20, 2025 Became Public Law No: 119-19.
Progress
Where this resolution reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedFeb 4, 2025
- Passed SenateMay 7, 2025
- Passed HouseMay 20, 2025
- To the PresidentJun 10, 2025
- Became lawJun 20, 2025Public Law 119-19
Summary
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.
Recorded votes 3
Newest first. Open one to see how every member voted.
Cosponsors 5
Members who signed on, in the order they did. Signatures ran from Feb 4, 2025 to Apr 29, 2025; 2 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-TN | Bill Hagerty | Original | Feb 4, 2025 |
| R-NC | Thom Tillis | Original | Feb 4, 2025 |
| R-SC | Tim Scott | Feb 6, 2025 | |
| R-MT | Steve Daines | Mar 31, 2025 | |
| R-OH | Bernie Moreno | Apr 29, 2025 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| Senate | Banking, Housing, and Urban Affairs Committee | Referred Feb 4, 2025Discharged May 6, 2025 |
Actions 23
Everything that happened, newest first.
- Jun 20, 2025Signed by President.
- Jun 20, 2025Became Public Law No: 119-19.
- Jun 10, 2025Presented to President.
- May 20, 2025Considered under the provisions of rule H. Res. 426. (consideration: CR H2168-2175)
- May 20, 2025Rule provides for consideration of S.J. Res. 13 and S.J. Res. 31. The resolution provides for consideration of S.J. Res. 13 and S.J. Res. 31 under a closed rule with one hour of general debate on each joint resolution. The resolution also provides for a motion to commit on both joint resolutions.
In the Congressional Record 4
Days the Record’s own index lists this resolution, newest first, with the pages and the members it names. Pages starting H are the House, S the Senate, E Extensions of Remarks.
| Where | In the Record | Members | Date |
|---|---|---|---|
| House | Debate and remarks H2159–H2168, H2168–H2175Text printed H2159, H2168Amendments H2166Recorded votes H2166, H2167, H2178consideration (H. Res. 426), previous questiondisapprove | Andy Barr R-KY, Brendan F. Boyle D-PA, James P. McGovern D-MA (amendment), Maxine Waters D-CA, Mike Haridopolos R-FL, Nicholas A. Langworthy R-NY, Tim Moore R-NC | May 20, 2025 |
| Senate | Debate and remarks S2789, S2793–S2796Text printed S2796Recorded votes S2796disapprove | Elizabeth Warren D-MA, John Kennedy R-LA | May 7, 2025 |
| Senate | Debate and remarks S2764, S2769Motions S2769Recorded votes S2769motion to proceedDischarge petition S2774 | John Kennedy R-LA (motion), John Thune R-SD | May 6, 2025 |
| Senate | Debate and remarks S2753 | John Thune R-SD | May 5, 2025 |
Research
What has been written about this resolution: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
CRS reports 1
Congressional Research Service work that CRS links to this resolution or the law it became, newest first.
Cite it 1
Products on other subjects that cite it, usually among other measures.
| Product | Title | Kind | Published |
|---|---|---|---|
| IN12543 | Recent Regulatory Activity on Bank Merger Policy | Insight | Apr 15, 2025 |
Related bills 2
Companion bills and other measures the record links to this one.
Titles 1
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- 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.
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
Text 4
Each version as it was printed, newest first.
- —Enrolled Bill
- May 7, 2025Engrossed in Senate
- May 6, 2025Placed on Calendar Senate
- Feb 4, 2025Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this resolution on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
