SJRES18119th Congress

A joint resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Overdraft Lending: Very Large Financial Institutions".

Sponsored By: Senator Scott, Tim [R-SC]

Became Law

Summary

Invalidates the CFPB rule on "Overdraft Lending: Very Large Financial Institutions." The law overturns the final rule published at 89 Fed. Reg. 106768 and ensures it does not apply to or get enforced against very large financial institutions.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Scott, Tim [R-SC]

SC • R

Cosponsors

  • Mike Rounds

    SD • R

    Sponsored 2/13/2025

  • Bill Hagerty

    TN • R

    Sponsored 2/13/2025

  • Sen. Crapo, Mike [R-ID]

    ID • R

    Sponsored 2/13/2025

  • Sen. Tillis, Thomas [R-NC]

    NC • R

    Sponsored 2/13/2025

  • Sen. Cramer, Kevin [R-ND]

    ND • R

    Sponsored 2/13/2025

  • Katie Britt

    AL • R

    Sponsored 2/13/2025

  • Sen. Moran, Jerry [R-KS]

    KS • R

    Sponsored 2/13/2025

  • Sen. Risch, James E. [R-ID]

    ID • R

    Sponsored 2/13/2025

  • John Boozman

    AR • R

    Sponsored 2/13/2025

  • Roger Wicker

    MS • R

    Sponsored 2/13/2025

  • Sen. Lummis, Cynthia M. [R-WY]

    WY • R

    Sponsored 2/13/2025

  • Sen. Ricketts, Pete [R-NE]

    NE • R

    Sponsored 2/13/2025

  • Sen. Moreno, Bernie [R-OH]

    OH • R

    Sponsored 2/13/2025

  • Sen. Lee, Mike [R-UT]

    UT • R

    Sponsored 2/19/2025

  • Sen. Daines, Steve [R-MT]

    MT • R

    Sponsored 3/4/2025

  • Sen. Thune, John [R-SD]

    SD • R

    Sponsored 3/12/2025

Roll Call Votes

All Roll Calls

Yes: 321 • No: 306

house vote • 4/9/2025

On Passage

Yes: 217 • No: 211

senate vote • 3/27/2025

On the Joint Resolution S.J.Res. 18

Yes: 52 • No: 48

senate vote • 3/27/2025

On the Motion to Proceed S.J.Res. 18

Yes: 52 • No: 47

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