This measure would cancel a new rule from the Office of the Comptroller of the Currency (OCC) about how it reviews bank merger applications under the Bank Merger Act. In plain terms, Congress is moving to block that OCC rule from taking effect or remaining in place .

If it becomes law, the way the OCC reviews bank mergers would not follow the blocked rule. That could affect how quickly or easily banks can merge, which may influence the number of branches in some areas and the choices customers have, depending on future decisions by regulators and banks .

• Who is affected: OCC, banks seeking to merge, and bank customers in communities where mergers are proposed .
• What changes: The OCC’s rule for reviewing bank merger applications would be disapproved (stopped) by Congress .
• When: If enacted, the change would take effect as the resolution becomes law .