ReleVote

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.

Bill Number
S.J.Res. 13
Origin Chamber
Senate
Congress
119th Congress, Session 1
Policy Area
Finance and Financial Sector
Status
Became Law
Became Law
Public Law 119-19
Latest Action
2025-06-20: Became Public Law No: 119-19.
Last Updated
2025-10-09T03:26:15Z

Official 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.

Sponsor

Sen. Kennedy, John [R-LA]

Cosponsors (5)

Sen. Hagerty, Bill [R-TN], Sen. Tillis, Thomas [R-NC], Sen. Scott, Tim [R-SC], Sen. Daines, Steve [R-MT], Sen. Moreno, Bernie [R-OH]

Recent Actions

Bill Versions

Related Bills