SJRES. 18Became Law

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

Plain-English overview

What this bill does

Nullifies the Consumer Financial Protection Bureau rule on overdraft lending standards for very large financial institutions

Key points
  • Repeal CFPB overdraft rule
Current status

Where it stands

Status
Became Law
Latest action
2025-05-09 — Became Public Law No: 119-10.
Related context

Topics and policy areas

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Administrative law and regulatory proceduresBank accounts, deposits, capitalBanking and financial institutions regulationCongressional oversightConsumer Financial Protection BureauFinance and Financial SectorUser charges and fees
Discovery signals

About these signals

Methodology

Impact and Momentum are relative discovery aids calculated by Legislation Lemur. They help you scan the congressional record; they are not predictions, endorsements, ideological ratings, or measures of policy importance.

Impact ScoreOverall observed legislative footprint and accumulated activity.
MomentumHow recently active or changing the bill appears in available data.
Full Text (PDF)Amendments
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