Politiparty
Politiparty
LeaderboardCongressBills

119th Congress Finance and Financial Sector

S.J.Res. 18: Disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Overdraft Lending: Very Large Financial Institutions"

A joint resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Overdraft Lending: Very Large Financial Institutions".

Became LawPublic Law 119-10, signed May 9, 2025

  1. Introduced (completed)Feb 13, 2025
  2. Passed Senate (completed)Mar 27, 2025, 52–48
  3. Passed House (completed)Apr 9, 2025, 217–211
  4. To the President (completed)May 5, 2025
  5. Became law (completed)May 9, 2025

Summary

Public Law, May 9, 2025

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.

Written by the Congressional Research Service, Library of Congress.

Key votes

House final vote, Apr 9, 2025

On Passage

Passed 217–211

Yea 217majority 215Nay 211

  • Democrats0 yea, 210 nay
  • Republicans216 yea, 1 nay
  • Independents1 yea, 0 nay

Broke with their party: Ryan Mackenzie (R-PA) voted Nay

See how all 428 members voted

Showing 433 of 433 members

Yea 217

Republicans (216)

Independents (1)

Nay 211

Republicans (1) broke with their party

Democrats (210)

Not voting 5

Republicans (2)

Senate final vote, Mar 27, 2025

On the Joint Resolution

Passed 52–48

Yea 52majority 51Nay 48

  • Democrats0 yea, 45 nay
  • Republicans52 yea, 1 nay
  • Independents0 yea, 2 nay

Broke with their party: Joshua Hawley (R-MO) voted Nay

See how all 100 members voted

Showing 100 of 100 members

Yea 52

Nay 48

Republicans (1) broke with their party

Independents (2)

Roll calls

3 votes on this bill

Showing 3 of 3 roll calls

  • Apr 9, 2025HouseOn PassageFinal passagePassed, yea-nay 217–211
    Roll call 96 tally by party
    PartyYeaNayPresentNot voting
    Democrats021003
    Republicans216102
    Independents1000
    Total21721105

    House roll call 96: On Passage. Passed.

    1 crossed party lines: 1 Republican

    How each member voted (433)
  • Mar 27, 2025SenateOn the Joint ResolutionFinal passagePassed, yea-nay 52–48
    Roll call 153 tally by party
    PartyYeaNayPresentNot voting
    Democrats04500
    Republicans52100
    Independents0200
    Total524800

    Senate roll call 153: On the Joint Resolution. Joint Resolution Passed.

    1 crossed party lines: 1 Republican

    How each member voted (100)
  • Mar 26, 2025SenateMotion to proceedPassed, yea-nay 52–47
    Roll call 152 tally by party
    PartyYeaNayPresentNot voting
    Democrats04401
    Republicans52100
    Independents0200
    Total524701

    Senate roll call 152: On the Motion to Proceed. Motion to Proceed Agreed to.

    1 crossed party lines: 1 Republican

    How each member voted (100)

Amendments

0 offered

No amendments were offered to this bill.

Cosponsors

16

Who scored on this bill

236 points earned
  1. 1Tim Scott R-SC SponsorIntroduced, discharged, passed Senate, passed House, became law5 events+154
  2. 2Joshua Hawley R-MO2 maverick votes2 events+12
  3. 3Ryan Mackenzie R-PA1 maverick vote1 event+6
  4. 4John Boozman R-ARCosponsored; cosponsored bill passed2 events+4
  5. 4Katie Britt R-ALCosponsored; cosponsored bill passed2 events+4
See all scorers and every scoring event

Introductions and cosponsorships count toward weekly caps and show no points.

Other bills by Tim Scott

History

  1. May 9, 2025Signed by the President. Became Public Law 119-10.
  2. May 5, 2025Presented to the President.
  3. Apr 9, 2025Passed the House, 217–211.
  4. Mar 27, 2025Passed the Senate, 52–48.
  5. Feb 13, 2025Introduced in the Senate by Tim Scott.
Show the full action history (26 actions)
  1. May 9, 2025Signed by President.
  2. May 9, 2025Became Public Law No: 119-10.
  3. May 5, 2025Presented to President.
  4. Apr 9, 2025Considered under the provisions of rule H. Res. 294. (consideration: CR H1519-1525)
  5. Apr 9, 2025Rule 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.
  6. Apr 9, 2025DEBATE - The House proceeded with one hour of debate on S.J. Res. 18.
  7. Apr 9, 2025The previous question was ordered pursuant to the rule.
  8. Apr 9, 2025POSTPONED PROCEEDINGS - At the conclusion of debate on S.J. Res. 18, 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.
  9. Apr 9, 2025Considered as unfinished business. (consideration: CR H1533)
  10. Apr 9, 2025Passed/agreed to in House: On passage Passed by the Yeas and Nays: 217 - 211 (Roll no. 96). (text: CR H1519: 1)
  11. Apr 9, 2025On passage Passed by the Yeas and Nays: 217 - 211 (Roll no. 96). (text: CR H1519)
  12. Apr 9, 2025Motion to reconsider laid on the table Agreed to without objection.
  13. Apr 7, 2025Rules 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.
  14. Apr 1, 2025Rules 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.
  15. Mar 31, 2025Message on Senate action sent to the House.
  16. Mar 31, 2025Received in the House.
  17. Mar 31, 2025Held at the desk.
  18. Mar 27, 2025Considered by Senate. (consideration: CR S1879, S1884)
  19. Mar 27, 2025Passed/agreed to in Senate: Passed Senate without amendment by Yea-Nay Vote. 52 - 48. Record Vote Number: 153.
  20. Mar 27, 2025Passed Senate without amendment by Yea-Nay Vote. 52 - 48. Record Vote Number: 153. (text: CR S1884)
  21. Mar 26, 2025Senate Committee on Banking, Housing, and Urban Affairs discharged, by petition, pursuant to 5 U.S.C. 802(c).
  22. Mar 26, 2025Placed on Senate Legislative Calendar under General Orders. Calendar No. 34.
  23. Mar 26, 2025Motion to proceed to consideration of measure agreed to in Senate by Yea-Nay Vote. 52 - 47. Record Vote Number: 152.
  24. Mar 26, 2025Measure laid before Senate by motion. (consideration: CR S1864)
  25. Feb 13, 2025Introduced in Senate
  26. Feb 13, 2025Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.