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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