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Senate Joint Resolution 18
119th Congress(2025-2026)
A joint resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Overdraft Lending: Very Large Financial Institutions".
Became Law
Became Law
Became Public Law 119-10 on May 9, 2025
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S. J. RES. 18 (Introduced-in-Senate)


119th CONGRESS
1st Session
S. J. RES. 18


Disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to “Overdraft Lending: Very Large Financial Institutions”.

IN THE SENATE OF THE UNITED STATES

February 13, 2025

Mr. Scott of South Carolina (for himself, Mr. Rounds, Mr. Hagerty, Mr. Crapo, Mr. Tillis, Mr. Cramer, Mrs. Britt, Mr. Moran, Mr. Risch, Mr. Boozman, Mr. Wicker, Ms. Lummis, Mr. Ricketts, and Mr. Moreno) introduced the following joint resolution; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs

JOINT RESOLUTION

Disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to “Overdraft Lending: Very Large Financial Institutions”.

Resolved by the Senate and House of Representatives of the United States of America in Congress assembled,

That Congress disapproves the final rule submitted by the Bureau of Consumer Financial Protection relating to “Overdraft Lending: Very Large Financial Institutions” (89 Fed. Reg. 106768 (December 30, 2024)), and such rule shall have no force or effect.