S.J.Res. 13 · Where this bill is now
Became law
Public Law 119-19, Jun 20, 2025
What this bill does
In plain words · AI-written from the official summaryBlocks new bank merger review rules
This joint resolution would cancel a new rule from the Treasury Department that changed how regulators review applications when banks want to merge with each other. The original rule removed automatic approvals for certain mergers and got rid of simplified application forms that banks could use in the process.
How it affects you
If this passes, the direct effects on everyday people aren't spelled out in the official summary. Banks and their regulators would experience changes in how merger applications get handled, but how that might affect customers, interest rates, or banking services isn't addressed in the summary provided.
Read the official summary (Public Law, Jun 20, 2025)
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.
Written by AI (Claude) using only the official summary by the Congressional Research Service, the Library of Congress’s nonpartisan research staff. It can miss nuance, so check the official summary and the bill text for details.
1st SessionS.J.Res. 13
JOINT RESOLUTION
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.
Sponsor: Sen. John Kennedy (R-LA) · Introduced Feb 4, 2025 · Finance and Financial Sector · 4 versions of the text
Sources: Congress.gov actions and votes · bill text from GovInfo · latest official action Jun 20, 2025: “Became Public Law No: 119-19.”
How Congress voted
Official roll callsHouse · On Passage · May 20, 2025
Passage Passed 220–207
| Party | Yes | No | Didn’t vote |
|---|---|---|---|
| Democrats | 1 | 207 | 5 |
| Republicans | 219 | 0 | 1 |
1 member voted against most of their party: 1 Democrats voted Yes.
Congress votes on whole bills and amendments, not on single sections.
Sections
The wording of this bill hasn’t changed across its 4 official versions.