Sponsors (6)
Declares that the Office of the Comptroller of the Currency (OCC) final rule titled "Business Combinations Under the Bank Merger Act" (89 Fed. Reg. 78207, Sept. 25, 2024) shall have no force or effect. In other words, the rule cited is disapproved and is invalidated by this action.
Official title: Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Office of the Comptroller of the Currency of the Department of the Treasury relating to the review of applications under the Bank Merger Act.
Introduced February 4, 2025 by John Neely Kennedy · Last progress June 20, 2025