Senate
Jun 20, 2025

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.

Summary

Official

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.

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Introduced(2/4/25)
Committee
Passed House
Passed Senate
President
Law

Sponsor

JK

Mr. Kennedy

Senate (R) Louisiana

Cosponsors (5)

Topics

Latest Action

Became Public Law No: 119-19.

Jun 20, 2025

Votes