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.

Sponsored by Kennedy, John (Republican-Louisiana)

S.J.Res. 13 · Enacted 2025-06-20 · View on Congress.gov →

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.

How it passed

house On Passage — Passed
Democratic: 1 Yea – 203 Nay (4 other)Independent: 1 Yea – 0 NayRepublican: 214 Yea – 0 Nay (1 other)
senate

Passed without a recorded vote — no member of either party recorded opposition.

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