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SJRES 28
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A joint resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications".

Introduced Feb 27, 2025

Latest action (May 9, 2025) Became Public Law No: 119-11.

Summary

This joint resolution would disapprove a rule issued by the Bureau of Consumer Financial Protection on December 10, 2024, that defined which companies would be considered larger participants in digital consumer payment applications. If approved by Congress, the rule would be invalidated and would have no legal effect. The resolution uses Congress's authority under the Congressional Review Act to overturn the federal regulation.

AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.

Sponsor (1)

Actions (27)

  1. May 9, 2025 Became Public Law No: 119-11.
  2. May 9, 2025 Signed by President.
  3. May 5, 2025 Presented to President. · house
  4. Apr 9, 2025 Motion to reconsider laid on the table Agreed to without objection. · house
  5. Apr 9, 2025 On passage Passed by the Yeas and Nays: 219 - 211 (Roll no. 95). (text: CR H1514) · house
  6. Apr 9, 2025 Passed/agreed to in House: On passage Passed by the Yeas and Nays: 219 - 211 (Roll no. 95). (text: CR H1514: 2)
  7. Apr 9, 2025 Considered as unfinished business. (consideration: CR H1532-1533) · house
  8. Apr 9, 2025 POSTPONED PROCEEDINGS - At the conclusion of debate on S.J. Res. 28, the Chair put the question on passage of the joint resolution and by voice vote, announced that the ayes had prevailed. Mr. Hill (AR) demanded the yeas and nays and the Chair postponed further proceedings until a time to be announced. · house
  9. Apr 9, 2025 The previous question was ordered pursuant to the rule. · house
  10. Apr 9, 2025 DEBATE - The House proceeded with one hour of debate on S.J. Res. 28. · house
  11. Apr 9, 2025 Rule provides for consideration of S.J. Res. 18, S.J. Res. 28, H.R. 1526 and H.R. 22. The resolution provides for consideration of H.R. 22, H.R. 1526, S.J. Res. 18, and S.J. Res. 28 under a closed rule. The resolution provides for one hour of debate on each measure and one motion to recommit on H.R. 22 and H.R. 1526, and one motion to commit on S.J. Res. 18 and S.J. Res. 28. · house
  12. Apr 9, 2025 Considered under the provisions of rule H. Res. 294. (consideration: CR H1514-1519) · house
  13. Apr 7, 2025 Rules Committee Resolution H. Res. 294 Reported to House. Rule provides for consideration of S.J. Res. 18, S.J. Res. 28, H.R. 1526 and H.R. 22. The resolution provides for consideration of H.R. 22, H.R. 1526, S.J. Res. 18, and S.J. Res. 28 under a closed rule. The resolution provides for one hour of debate on each measure and one motion to recommit on H.R. 22 and H.R. 1526, and one motion to commit on S.J. Res. 18 and S.J. Res. 28. · house
  14. Apr 1, 2025 Rule H. Res. 282 failed passage of House. · house
  15. Apr 1, 2025 Rules Committee Resolution H. Res. 282 Reported to House. Rule provides for consideration of H.R. 22, H.R. 1526, S.J. Res. 18 and S.J. Res. 28. The resolution provides for consideration of H.R. 22, H.R. 1526, S.J. Res. 18, and S.J. Res. 28 under a closed rule. The resolution provides for one hour of debate on each measure and one motion to recommit on H.R. 22 and H.R. 1526, and one motion to commit on S.J. Res. 18 and S.J. Res. 28. The resolution also provides that H. Res. 23 and H. Res. 164 are laid on the table. · house
  16. Mar 10, 2025 Held at the Desk · house
  17. Mar 10, 2025 Received in the House · house
  18. Mar 6, 2025 Message on Senate action sent to the House. · senate
  19. Mar 5, 2025 Passed Senate without amendment by Yea-Nay Vote. 51 - 47. Record Vote Number: 106. · senate
  20. Mar 5, 2025 Passed/agreed to in Senate: Passed Senate without amendment by Yea-Nay Vote. 51 - 47. Record Vote Number: 106.
  21. Mar 5, 2025 Considered by Senate. (consideration: CR S1503, S1510-1511, S1520-1521) · senate
  22. Mar 4, 2025 Measure laid before Senate by motion. (consideration: CR S1489) · senate
  23. Mar 4, 2025 Motion to proceed to consideration of measure agreed to in Senate by Yea-Nay Vote. 50 - 47. Record Vote Number: 103. (CR S1489) · senate
  24. Mar 4, 2025 Placed on Senate Legislative Calendar under General Orders. Calendar No. 20. · senate
  25. Mar 4, 2025 Senate Committee on Banking, Housing, and Urban Affairs discharged, by petition, pursuant to 5 U.S.C. 802(c). · senate
  26. Feb 27, 2025 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. · senate
  27. Feb 27, 2025 Introduced in Senate

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Roll-call votes (3)

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More bills on these subjects (8)

Other bills that carry the most legislative subjects in common with this one (topical discovery — distinct from the procedural related bills above).

Text versions (4)

  • Engrossed in Senate · Mar 5, 2025
  • Placed on Calendar Senate · Mar 4, 2025
  • Introduced in Senate · Feb 27, 2025
  • Enrolled Bill

Full text

Joint Resolution

Disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to “Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications”.

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 “Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications” (89 Fed. Reg. 99582 (December 10, 2024)), and such rule shall have no force or effect.

Speaker of the House of Representatives.

Vice President of the United States and President of the Senate.

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