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S.J.Res. 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.

Overturns Treasury rule revising bank merger application review procedures and removing expedited approval options. AI-read

Became law Introduced Feb 4, 2025 Latest action Jun 20, 2025

What it does

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.

Summary by the Congressional Research Service, Jun 20, 2025 (Public Law). CRS summarizes bills impartially; it does not take positions.

Roll call votes

DateQuestionParty split (yea)Result
May 6, 2025
Senate roll 233
On the Motion to ProceedA 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.
D 0–45 · R 53–0 · I 0–1
Passed
53–46
May 7, 2025
Senate roll 237
On the Joint ResolutionA 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.
D 0–45 · R 52–0 · I 0–2
Passed
52–47
May 20, 2025
House roll 136
On PassageProviding for congressional disapproval 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
D 1–207 · R 219–0
Passed
220–207

Latest action

Jun 20, 2025 · Became Public Law No: 119-19.