SJRES 13 · 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.
Became Public Law No: 119-19.
- Introduced
- Feb 4, 2025
- Latest action
- Jun 20, 2025
- Sponsor
- Sen. John Kennedy [R-LA]
- Policy area
- Finance and Financial Sector
- Cosponsors
- 5
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.
Recent actions
- Jun 20, 2025 Became Public Law No: 119-19.
- Jun 20, 2025 Became Public Law No: 119-19.
- Jun 20, 2025 Signed by President.
- Jun 20, 2025 Signed by President.
- Jun 10, 2025 Presented to President.
- Jun 10, 2025 Presented to President.
- May 20, 2025 Motion to reconsider laid on the table Agreed to without objection.
- May 20, 2025 On passage Passed by the Yeas and Nays: 220 - 207 (Roll no. 137).
Votes
- On Passage Passed · May 20, 2025, 9:30 PM
- Passed/agreed to in Senate: Passed Senate without amendment by Yea-Nay Vote. 52 - 47. Record Vote Number: 237. Agreed to · May 7, 2025, 10:11 PM
- Motion to proceed to consideration of measure agreed to in Senate by Yea-Nay Vote. 53 - 46. Record Vote Number: 233. Agreed to · May 6, 2025, 5:19 PM