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Senate Joint Resolution 28
119th Congress(2025-2026)
A joint resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications".
Became Law
Became Law
Became Public Law 119-11 on May 9, 2025
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S. J. RES. 28 (Introduced-in-Senate)


119th CONGRESS
1st Session
S. J. RES. 28


Disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to “Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications”.

IN THE SENATE OF THE UNITED STATES

February 27, 2025

Mr. Ricketts (for himself and Mr. Budd) 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 “Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications”.

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 “Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications” (89 Fed. Reg. 99582 (December 10, 2024)), and such rule shall have no force or effect.