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SJRES 13 Became law

Disapproves a 2024 Office of the Comptroller of the Currency rule on how federal regulators review bank merger applications, so the rule has no force or effect.

Official title: 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.

Outcome Public Law 119-19
Timeline each lane is a chamber; dates pull from congress.gov actions
House
Received 09-MAY-2025
On the calendar 19-MAY-2025
Passed 20-MAY-2025
Senate
Introduced 04-FEB-2025
Referred 04-FEB-2025
On the calendar 06-MAY-2025
Passed 07-MAY-2025
President
Presented 10-JUN-2025
Signed 20-JUN-2025
Became law 20-JUN-2025
Key points
  • Congress disapproves the Office of the Comptroller of the Currency rule titled "Business Combinations Under the Bank Merger Act," published at 89 Fed. Reg. 78207 on September 25, 2024.
  • Declares the rule to have no force or effect.
  • Uses the Congressional Review Act procedure, which lets Congress overturn a federal agency rule by joint resolution.
AI-generated from the Public Law text of 21-JUN-2025 · verify · report an error
Official CRS summary

Current. The Congressional Research Service's summary covers the bill's latest wording (Public Law, 20-JUN-2025).

CRS is the Library of Congress's nonpartisan research office. Read it on congress.gov
Committee referrals (1) Policy area

Finance and Financial Sector

Sponsor John Kennedy (R-LA) Cosponsors · 5
■ 5 R