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SJRES 28 119th Congress Senate Finance and Financial Sector Administrative law and regulatory procedures Congressional oversight Consumer Financial Protection Bureau Consumer affairs Internet, web applications, social media

A joint resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Defining Larger Participants of a Market for General-Use Digital Consumer Payment…

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A joint resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications".

Introduced: March 4, 2025 Introduced by: Ricketts, Pete Republican · Nebraska See on congress.gov
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 Everywhere this bill has been 26 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 9, 2025
Became Public Law No: 119-11.
May 9, 2025
Signed by President.
May 5, 2025
Presented to President.
Apr 9, 2025
Motion to reconsider laid on the table Agreed to without objection.
Apr 9, 2025
On passage Passed by the Yeas and Nays: 219 - 211 (Roll no. 95). (text: CR H1514)
Apr 9, 2025
Considered as unfinished business. (consideration: CR H1532-1533)
Apr 9, 2025
The previous question was ordered pursuant to the rule.
Apr 9, 2025
DEBATE - The House proceeded with one hour of debate on S.J. Res. 28.
Apr 9, 2025
Rule provides for consideration of S.J. Res. 18, S.J. Res. 28, H.R. 1526 and H.R. 22. The resolution provides for consideration of H.R. 22, H.R. 1526, S.J. Res. 18, and S.J. Res. 28 under a closed rule. The resolution provides for one hour of debate on each measure and one motion to recommit on H.R. 22 and H.R. 1526, and one motion to commit on S.J. Res. 18 and S.J. Res. 28.
Apr 9, 2025
Considered under the provisions of rule H. Res. 294. (consideration: CR H1514-1519)
Apr 9, 2025
POSTPONED PROCEEDINGS - At the conclusion of debate on S.J. Res. 28, the Chair put the question on passage of the joint resolution and by voice vote, announced that the ayes had prevailed. Mr. Hill (AR) demanded the yeas and nays and the Chair postponed further proceedings until a time to be announced.
Apr 7, 2025
Rules Committee Resolution H. Res. 294 Reported to House. Rule provides for consideration of S.J. Res. 18, S.J. Res. 28, H.R. 1526 and H.R. 22. The resolution provides for consideration of H.R. 22, H.R. 1526, S.J. Res. 18, and S.J. Res. 28 under a closed rule. The resolution provides for one hour of debate on each measure and one motion to recommit on H.R. 22 and H.R. 1526, and one motion to commit on S.J. Res. 18 and S.J. Res. 28.
Apr 1, 2025
Rules Committee Resolution H. Res. 282 Reported to House. Rule provides for consideration of H.R. 22, H.R. 1526, S.J. Res. 18 and S.J. Res. 28. The resolution provides for consideration of H.R. 22, H.R. 1526, S.J. Res. 18, and S.J. Res. 28 under a closed rule. The resolution provides for one hour of debate on each measure and one motion to recommit on H.R. 22 and H.R. 1526, and one motion to commit on S.J. Res. 18 and S.J. Res. 28. The resolution also provides that H. Res. 23 and H. Res. 164 are laid on the table.
Apr 1, 2025
Rule H. Res. 282 failed passage of House.
Mar 10, 2025
Held at the Desk
Mar 10, 2025
Received in the House
Mar 6, 2025
Message on Senate action sent to the House.
Mar 5, 2025
Passed Senate without amendment by Yea-Nay Vote. 51 - 47. Record Vote Number: 106.
Mar 5, 2025
Passed/agreed to in Senate: Passed Senate without amendment by Yea-Nay Vote. 51 - 47. Record Vote Number: 106.
Mar 5, 2025
Considered by Senate. (consideration: CR S1503, S1510-1511, S1520-1521)
Mar 4, 2025
Placed on Senate Legislative Calendar under General Orders. Calendar No. 20.
Mar 4, 2025
Measure laid before Senate by motion. (consideration: CR S1489)
Mar 4, 2025
Motion to proceed to consideration of measure agreed to in Senate by Yea-Nay Vote. 50 - 47. Record Vote Number: 103. (CR S1489)
Mar 4, 2025
Senate Committee on Banking, Housing, and Urban Affairs discharged, by petition, pursuant to 5 U.S.C. 802(c).
Feb 27, 2025
Introduced in Senate
Feb 27, 2025
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
 Votes taken on this bill 5
DateChamberWhat was voted onResultYes–No
Apr 9, 2025 House · vote #95 On Passage Passed 219–211 See who voted →
Mar 5, 2025 Senate · vote #106 On the Joint Resolution S.J.Res. 28 Passed 51–47 See who voted →
Mar 4, 2025 Senate · vote #103 On the Motion to Proceed S.J.Res. 28 Agreed To 50–47 See who voted →
May 25, 2016 Senate · vote #86 On the Joint Resolution S.J.Res. 28 Passed 55–43 See who voted →
May 24, 2016 Senate · vote #85 On the Motion to Proceed S.J.Res. 28 Agreed To 57–40 See who voted →
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 Plain-English summary Congressional Research Service

This joint resolution nullifies the final rule issued by the Consumer Financial Protection Bureau (CFPB) titled Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications and published on December 10, 2024. The rule defines larger participants in the general-use digital consumer payment application market (i.e., payment apps) that are subject to CFPB supervisory authority. The rule defines larger participants in this market as nonbanks (1) with an annual volume of at least 50 million transactions, and (2) that are not small business concerns.

What's happening now May 9, 2025

Became Public Law No: 119-11.

 Related & companion bills 3
  • HJRES 64 Identical bill Disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Defining Larger Participant…
  • HRES 282 Related bill Providing for consideration of the joint resolution (S.J. Res. 18) disapproving the rule submitted by the Bureau of Con…
  • HRES 294 Related bill Providing for consideration of the joint resolution (S.J. Res. 18) disapproving the rule submitted by the Bureau of Con…
 Bill text 5 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Lobbying activity 19

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

See all 19 filings →
 Cosponsors 5
All 5 Republican 5
R
Fischer, Deb
Nebraska · Mar 4, 2025
 R
Scott, Tim
South Carolina · Mar 4, 2025
 R
Banks, Jim
Indiana · Mar 3, 2025
 R
Hagerty, Bill
Tennessee · Mar 3, 2025
 R
Budd, Ted
North Carolina · Feb 27, 2025
Cite this page click to expand
APA
U.S. Congress. (2026). S.J. Res. 28: A joint resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications".. 119th Congress. Open America. https://openamerica.io/bill/119-SJRES-28/
MLA
"S.J. Res. 28: A joint resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications".." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-SJRES-28/.
Bluebook (legal)
S.J. Res. 28, 119th Cong. (2026), https://openamerica.io/bill/119-SJRES-28/.
Markdown link
[S.J. Res. 28: A joint resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications".](https://openamerica.io/bill/119-SJRES-28/)
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