Federal · 119th Congress · Senate joint resolution
S.J.Res. 18: A joint resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Overdraft Lending: Very Large Financial Institutions".
Became law Public Law 119-10 Official data
- Introduced
- Reported by committee
- Passed one chamber
- Passed both chambers
- Sent to President
- Became law
Last official action: · Record last updated:
Official summary
Written by the Congressional Research Service (CRS), Library of Congress for the version “Public Law”, May 9, 2025. Reproduced verbatim.
This joint resolution nullifies the final rule issued by the Consumer Financial Protection Bureau titled Overdraft Lending: Very Large Financial Institutions and published on December 30, 2024. The rule revises provisions regarding charges for insufficient funds in a customer’s bank account (i.e., overdrafts) at very large financial institutions. Under the rule, these institutions must (1) cap overdraft charges at $5; (2) with justification, cap charges at a higher amount; or (3) handle overdrafts as credit and comply with applicable Truth in Lending Act disclosure requirements.
Recorded votes
Roll calls on passage or final agreement. Washington’s members are shown first; every member’s vote is on the roll-call page.
Senate Roll Call 153: On the Joint Resolution S.J.Res. 18
· Joint Resolution Passed (52-48) · Yes 52, No 48, Not voting 0
Passed Senate without amendment by Yea-Nay Vote. 52 - 48. Record Vote Number: 153. (text: CR S1884)
Washington: Sen. Maria Cantwell (D): No · Sen. Patty Murray (D): No
House Roll Call 96: On Passage
· Passed · Yes 217, No 211, Not voting 5
On passage Passed by the Yeas and Nays: 217 - 211 (Roll no. 96). (text: CR H1519)
Washington: Rep. Suzan K. DelBene (WA-1) (D): No · Rep. Rick Larsen (WA-2) (D): No · Rep. Marie Gluesenkamp Perez (WA-3) (D): No · Rep. Dan Newhouse (WA-4) (R): Yes · Rep. Michael Baumgartner (WA-5) (R): Yes · Rep. Emily Randall (WA-6) (D): No · Rep. Pramila Jayapal (WA-7) (D): No · Rep. Kim Schrier (WA-8) (D): No · Rep. Adam Smith (WA-9) (D): No · Rep. Marilyn Strickland (WA-10) (D): No
Official actions
- Became Public Law No: 119-10.
- Signed by President.
- Presented to President.
- Passed/agreed to in House: On passage Passed by the Yeas and Nays: 217 - 211 (Roll no. 96). (text: CR H1519: 1)
- Passed/agreed to in Senate: Passed Senate without amendment by Yea-Nay Vote. 52 - 48. Record Vote Number: 153.
- Senate Committee on Banking, Housing, and Urban Affairs discharged, by petition, pursuant to 5 U.S.C. 802(c).
- Introduced in Senate