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.

2/7/2025, 1:10 PM

Summary of Bill SJRES 13

Bill 119 SJ Res 13 is a joint resolution that aims to disapprove a rule submitted by the Office of the Comptroller of the Currency of the Department of the Treasury. This rule pertains to the review of applications under the Bank Merger Act. The resolution falls under chapter 8 of title 5, United States Code, which allows Congress to express disapproval of certain rules and regulations.

The purpose of this resolution is to challenge the rule proposed by the Office of the Comptroller of the Currency regarding the process for reviewing applications under the Bank Merger Act. The resolution seeks to prevent the implementation of this rule by expressing congressional disapproval.

The resolution is currently being considered by Congress and has garnered attention from both sides of the political spectrum. Supporters of the resolution argue that the rule proposed by the Office of the Comptroller of the Currency could have negative implications for the banking industry and consumers. Opponents of the resolution, on the other hand, believe that the rule is necessary for streamlining the application process under the Bank Merger Act. Overall, Bill 119 SJ Res 13 is a significant piece of legislation that highlights the ongoing debate surrounding banking regulations and the role of Congress in overseeing federal agencies.

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Current Status of Bill SJRES 13

Bill SJRES 13 is currently in the status of Bill Introduced since February 4, 2025. Bill SJRES 13 was introduced during Congress 119 and was introduced to the Senate on February 4, 2025. Bill SJRES 13's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of February 4, 2025

Bipartisan Support of Bill SJRES 13

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill SJRES 13

Primary Policy Focus

Finance and Financial Sector

Alternate Title(s) of Bill 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.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.

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