The record

LegislationLegislation· Jun 2025
S.J.Res. 13 Signed into law

Sponsored by John Kennedy (R)

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.

Nullifies the Treasury's new bank merger review rule.

Tradeoff

Blocks a September 2024 rule that removed automatic fast-track approvals for bank mergers and eliminated streamlined application forms. Banks now follow the previous merger review process.

What's in it

See official bill text

The Senate agreed to proceed on May 6, 2025 (53-46). The Senate passed the resolution on May 7, 2025 (52-47). The House passed it on May 20, 2025 (220-207). Signed into law on June 20, 2025.

  1. Senate

    Introduced

    (Feb 4, 2025)

  2. Senate

    Committee on Banking, Housing, and Urban Affairs(Feb 4, 2025)

  3. Senate

    Taken away from the Committee on Banking, Housing, and Urban Affairs

    Discharged by petition(May 6, 2025)

    A petition forced the committee to release the bill without acting on it.

  4. Senate

    On the

    Motion to proceed to S.J. Res. 13

    Motion to Proceed Agreed to(Roll #233 · May 6, 2025)

    53 yeanay 46

  5. Senate

    On the Joint Resolution

    Joint Resolution Passed(Roll #237 · May 7, 2025)

    52 yeanay 47

  6. House

    Received from the Senate

    Received(May 9, 2025)

  7. House

    Passage of the bill

    Providing for congressional disapproval 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

    Passed(Roll #137 · May 20, 2025)

    220 yeanay 207

  8. House

    Sent to the President

    (Jun 10, 2025)

  9. White House · Signature

    Signed

    Donald Trump (R)

  10. Enacted

    Became law(Jun 20, 2025)

Final passage· 119th Congress · 2025–2027