A joint resolution 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.
Signed Into Law (P.L. 119-19)Last action on Jun 20, 2025Became Public Law No: 119-19.
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Summary
This law uses congressional disapproval authority to reject a rule issued by the Office of the Comptroller of the Currency (OCC), a division of the Treasury Department. The rejected rule concerned procedures for reviewing applications submitted under the Bank Merger Act, which governs how banks can merge with one another.
