S.J.Res. 18
Became lawA joint resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Overdraft Lending: Very Large Financial Institutions".
Full text of the bill
Official source on Congress.gov ↗[119th Congress Public Law 10] [From the U.S. Government Publishing Office] [[Page 139 STAT. 53]] Public Law 119-10 119th Congress Joint Resolution Disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to ``Overdraft Lending: Very Large Financial Institutions''. <<NOTE: May 9, 2025 - [S.J. Res. 18 ]>> 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. Approved May 9, 2025. LEGISLATIVE HISTORY--S.J. Res. 18: --------------------------------------------------------------------------- CONGRESSIONAL RECORD, Vol. 171 (2025): Mar. 26, 27, considered and passed Senate. Apr. 9, considered and passed House. <all>
Plain-language analysis
AI analysis · 100% confidenceAI-generated breakdown of the bill text above, checked by an independent review pass before publishing. It is analysis, not the law itself — the verbatim text and official source are the record.
In plain terms
This bill is a joint resolution that disapproves a rule from the Bureau of Consumer Financial Protection about overdraft lending practices at large financial institutions. It states that the rule will have no effect.
Hidden provisions
No buried provisions were flagged.
Questionable / off-intent provisions
No off-intent or questionable provisions were flagged.
Junk / unrelated provisions
No filler or unrelated riders were flagged.