119th Congress (2025–2027) · Senate joint resolution · Sponsor: Sen. Ricketts, Pete [R-NE]
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".
| Item | Detail |
|---|---|
| Roll-call votes | 3 |
| Chamber | House and Senate |
| Latest vote | 2025-04-09: Passed |
| Latest action | 2025-05-09: Became Public Law No: 119-11. |
| Policy area | Finance and Financial Sector |
| Official record | Congress.gov |
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.
Subjects: Administrative law and regulatory procedures, Congressional oversight, Consumer Financial Protection Bureau, Consumer affairs, Internet, web applications, social media
Every recorded vote on this bill, newest first, with a link to the official tally. Member-by-member positions are on each member’s profile.
| Date | Chamber | Question | Result | Yea | Nay | Not voting | Record |
|---|---|---|---|---|---|---|---|
| 2025-04-09 | House | Yea-and-Nay | Passed | 216 | 209 | 3 | Official tally |
| 2025-03-05 | Senate | On the Joint Resolution S. J. Res. 28 | Joint Resolution Passed (51-47) | 50 | 46 | 2 | Official tally |
| 2025-03-04 | Senate | On the Motion to Proceed S. J. Res. 28 | Motion to Proceed Agreed to (50-47) | 49 | 46 | 3 | Official tally |
SJRES28 in the 114th Congress (2015–2017): A joint resolution providing for congressional disapproval under chapter 8 of title 5…
SJRES28 (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…) was introduced in the 119th Congress (2025–2027) by Sen. Ricketts, Pete [R-NE].
On 2025-05-09: Became Public Law No: 119-11.
3 recorded votes in the 119th Congress. The most recent, on 2025-04-09, was "Yea-and-Nay": Passed.
No. Bill numbers restart each Congress. SJRES28 was also used in the 114th Congress for different legislation.