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".
Plain-language analysis
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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.
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