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Congressional disapproval of the Banks Merger Act rule (SJRES13)

Score:

34

%

Federal

2025

Latest Action:

Signed by President.

Updated:

June 20, 2025

Chamber:

Senate

This bill disapproves a rule by the Office of the Comptroller of the Currency on reviewing Bank Merger Act applications. Congress seeks to stop this rule, believing it may not benefit financial markets or consumers. The rule, originally announced in September 2024, lacks support in Congress due to concerns over its potential economic impacts.

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