What it does
SourcedThis joint resolution nullifies the final rule issued by the Department of the Treasury’s Office of the Comptroller of the Currency titled Business Combinations Under the Bank Merger Act and published on September 25, 2024. The rule revises procedures for reviewing applications for proposed bank mergers, such as by removing automatic approvals under an expedited review procedure and by discontinuing streamlined application forms.
Official summary by the Congressional Research Service (Public Law, Jun 20, 2025).
Our plain-language breakdown, with what it means for you and the case for and against, is written once a bill starts to move.
What has happened
Sourced- 2025-06-20Became Public Law No: 119-19.Library of Congress
- 2025-06-20Signed by President.Library of Congress
- 2025-06-10Presented to President.Library of Congress
- 2025-05-20Passed/agreed to in House: On passage Passed by the Yeas and Nays: 220 - 207 (Roll no. 137). Roll call recordLibrary of Congress
- 2025-05-07Passed/agreed to in Senate: Passed Senate without amendment by Yea-Nay Vote. 52 - 47. Record Vote Number: 237. Roll call recordLibrary of Congress
- 2025-02-04Introduced in SenateLibrary of Congress
After it became law
SourcedNothing in the Federal Register names Public Law 119-19 yet (checked Oct 27, 2026). Many laws need no new rules: they set penalties, name a building, or fund something directly.
Recorded votes
SourcedMay 6, 2025 · Senate roll call 233 · needed 1/2
On the Motion to Proceed: Motion to Proceed Agreed to 53–46
R 53 yes, 0 noI 0 yes, 1 no, 1 present or not votingD 0 yes, 45 no
May 7, 2025 · Senate roll call 237 · needed 1/2
On the Joint Resolution: Joint Resolution Passed 52–47
R 52 yes, 0 no, 1 present or not votingI 0 yes, 2 noD 0 yes, 45 no
May 20, 2025 · House roll call 137 · needed 1/2
On Passage: Passed 220–207
R 219 yes, 0 no, 1 present or not votingD 1 yes, 207 no, 5 present or not voting
Cosponsors
- Steve Daines R-MT
- Bill Hagerty R-TN
- Bernie Moreno R-OH
- Tim Scott R-SC
- Thom Tillis R-NC