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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".
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)
- Sen. Ricketts, Pete [R-NE] (R-NE)
5 cosponsors
- Sen. Banks, Jim [R-IN] (R-IN)
- Sen. Budd, Ted [R-NC] (R-NC)
- Sen. Fischer, Deb [R-NE] (R-NE)
- Sen. Hagerty, Bill [R-TN] (R-TN)
- Sen. Scott, Tim [R-SC] (R-SC)
Actions (27)
- May 9, 2025 Became Public Law No: 119-11.
- May 9, 2025 Signed by President.
- May 5, 2025 Presented to President. · house
- Apr 9, 2025 Motion to reconsider laid on the table Agreed to without objection. · house
- Apr 9, 2025 On passage Passed by the Yeas and Nays: 219 - 211 (Roll no. 95). (text: CR H1514) · house
- 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)
- Apr 9, 2025 Considered as unfinished business. (consideration: CR H1532-1533) · house
- 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
- Apr 9, 2025 The previous question was ordered pursuant to the rule. · house
- Apr 9, 2025 DEBATE - The House proceeded with one hour of debate on S.J. Res. 28. · house
- 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
- Apr 9, 2025 Considered under the provisions of rule H. Res. 294. (consideration: CR H1514-1519) · house
- 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
- Apr 1, 2025 Rule H. Res. 282 failed passage of House. · house
- 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
- Mar 10, 2025 Held at the Desk · house
- Mar 10, 2025 Received in the House · house
- Mar 6, 2025 Message on Senate action sent to the House. · senate
- Mar 5, 2025 Passed Senate without amendment by Yea-Nay Vote. 51 - 47. Record Vote Number: 106. · senate
- Mar 5, 2025 Passed/agreed to in Senate: Passed Senate without amendment by Yea-Nay Vote. 51 - 47. Record Vote Number: 106.
- Mar 5, 2025 Considered by Senate. (consideration: CR S1503, S1510-1511, S1520-1521) · senate
- Mar 4, 2025 Measure laid before Senate by motion. (consideration: CR S1489) · senate
- 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
- Mar 4, 2025 Placed on Senate Legislative Calendar under General Orders. Calendar No. 20. · senate
- Mar 4, 2025 Senate Committee on Banking, Housing, and Urban Affairs discharged, by petition, pursuant to 5 U.S.C. 802(c). · senate
- Feb 27, 2025 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. · senate
- Feb 27, 2025 Introduced in Senate
How your representatives voted
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Roll-call votes (3)
How the chamber voted on this bill — the outcome, the tally by party, and every member's recorded position. A factual record.
- On PassagePassed
219 Yea · 211 Nay · 3 Not voting
- Republicans36Yea0Nay1NV
- Democrats0Yea27Nay1NV
The party tally and member list below cover the 65 of 433 positions we've recorded so far; the outcome above is the official chamber result.
See how each member voted (65)
Yea(36)
- August Pfluger
- Beth Van Duyne
- Brandon Gill
- Brian Babin
- Brian K. Fitzpatrick
- Chip Roy
- Christopher H. Smith
- Craig A. Goldman
- Dan Crenshaw
- Daniel Meuser
- Glenn Thompson
- Guy Reschenthaler
- Jake Ellzey
- Jefferson Van Drew
- Jodey C. Arrington
- John Joyce
- John R. Carter
- Keith Self
- Lance Gooden
- Michael Cloud
- Michael T. Mccaul
- Mike Kelly
- Monica De La Cruz
- Morgan Luttrell
- Nathaniel Moran
- Pat Fallon
- Pete Sessions
- Randy K. Sr. Weber
- Robert P. Bresnahan
- Roger Williams
- Ronny Jackson
- Ryan Mackenzie
- Scott Perry
- Thomas H. Kean
- Troy E. Nehls
- Wesley Hunt
Nay(27)
- Al Green
- Becca Balint
- Bonnie Watson Coleman
- Brendan F. Boyle
- Chrissy Houlahan
- Christopher R. Deluzio
- Dwight Evans
- Frank Pallone
- Greg Casar
- Henry Cuellar
- Herbert C. Conaway
- Jasmine Crockett
- Joaquin Castro
- Josh Gottheimer
- Julie Johnson
- Lamonica Mciver
- Lizzie Fletcher
- Lloyd Doggett
- Madeleine Dean
- Marc A. Veasey
- Mary Gay Scanlon
- Nellie Pou
- Robert Menendez
- Summer L. Lee
- Sylvia R. Garcia
- Veronica Escobar
- Vicente Gonzalez
Not voting(2)
- On the Joint ResolutionJoint Resolution Passed
51 Yea · 47 Nay · 2 Not voting
- Democrats0Yea4Nay
- Republicans3Yea0Nay
- Independents0Yea1Nay
The party tally and member list below cover the 8 of 100 positions we've recorded so far; the outcome above is the official chamber result.
See how each member voted (8)
- On the Motion to ProceedMotion to Proceed Agreed to
50 Yea · 47 Nay · 3 Not voting
- Democrats0Yea4Nay
- Republicans3Yea0Nay
- Independents0Yea1Nay
The party tally and member list below cover the 8 of 100 positions we've recorded so far; the outcome above is the official chamber result.
See how each member voted (8)
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)
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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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