Plain English
GovGreed Synthesis ·
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.
Market Impact Map
Action Timeline
2025-06-20
Signed by President.
2025-06-20
Signed by President.
2025-06-20
Became Public Law No: 119-19.
2025-06-20
Became Public Law No: 119-19.
2025-06-10
Presented to President.
2025-06-10
Presented to President.
2025-05-20
Considered as unfinished business. (consideration: CR H2177-2178)
2025-05-20
Passed/agreed to in House: On passage Passed by the Yeas and Nays: 220 - 207 (Roll no. 137).
2025-05-20
On passage Passed by the Yeas and Nays: 220 - 207 (Roll no. 137).
2025-05-20
Motion to reconsider laid on the table Agreed to without objection.
Full Bill Text
SJ 13 ENR: 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. U.S. Senate text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. One Hundred Nineteenth Congress of the United States of America 1st Session Begun and held at the City of Washington on Friday, the third day of January, two thousand and twenty five S. J. RES. 13 IN THE SENATE OF THE UNITED STATES 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. That Congress disapproves the rule submitted by the Office of the Comptroller of the Currency of the Department of the Treasury relating to Business Combinations Under the Bank Merger Act (89 Fed. Reg. 78207 (September 25, 2024)), and such rule shall have no force or effect. Speaker of the House of Representatives Vice President of the United States and President of the Senate
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