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.

Sponsored bySen. Kennedy, John [R-LA]LA· Introduced 4 February 2025

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Became Public Law No: 119-19.

20 June 2025·1 year ago

Summary

Public Law · Updated 25 August 2025

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.

Timeline

29 actions

Became Public Law No: 119-19.
20 June 2025 · President
Became Public Law No: 119-19.
20 June 2025 · BecameLaw
Signed by President.
20 June 2025 · BecameLaw
Signed by President.
20 June 2025 · President
Presented to President.
10 June 2025 · Floor
Presented to President.
10 June 2025 · President
POSTPONED PROCEEDINGS - At the conclusion of debate on S.J. Res. 13, the Chair put the question on passage of the joint resolution and by voice vote, announced that the ayes had prevailed. Ms. Waters demanded the yeas and nays and the Chair postponed further proceedings until a time to be announced.
20 May 2025 · Floor
DEBATE - The House proceeded with one hour of debate on S.J. Res. 13.
20 May 2025 · Floor
Passed/agreed to in House: On passage Passed by the Yeas and Nays: 220 - 207 (Roll no. 137).
20 May 2025 · Floor
Motion to reconsider laid on the table Agreed to without objection.
20 May 2025 · Floor
On passage Passed by the Yeas and Nays: 220 - 207 (Roll no. 137).
20 May 2025 · Floor
Rule 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.
20 May 2025 · Floor
Considered as unfinished business. (consideration: CR H2177-2178)
20 May 2025 · Floor
Considered under the provisions of rule H. Res. 426. (consideration: CR H2168-2175)
20 May 2025 · Floor
The previous question was ordered pursuant to the rule.
20 May 2025 · Floor
Rules Committee Resolution H. Res. 426 Reported to House. Rule 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.
19 May 2025 · Floor
Received in the House.
9 May 2025 · Floor
Held at the desk.
9 May 2025 · Floor
Message on Senate action sent to the House.
8 May 2025 · Floor
Considered by Senate. (consideration: CR S2789, S2789-2796)
7 May 2025 · Floor

9 earlier actionsView all on Congress.gov

Sponsorship

5 cosponsors

Sponsor

Sen. Kennedy, John [R-LA]LA

Cosponsors

Republican5100%

Classification

Policy area

Finance and Financial Sector

Legislative subjects

Administrative law and regulatory proceduresBanking and financial institutions regulationCongressional oversightCorporate finance and managementDepartment of the Treasury

Committees

Banking, Housing, and Urban Affairs Committee
Senate · Standing
- Referred To4 Feb 2025
- Discharged From6 May 2025

Cosponsor momentum

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Track 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. as it moves through Congress

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