Only the right has signed this so far (Bill Ranking)
S.J.Res. 28 · 119th Congress (2025-2026)
6 members · Left 0 · Center 0 · Right 6 (Bill Ranking)
| Sponsor | Sen. Ricketts, Pete (R-NE) (Introduced 02/27/2025) |
|---|---|
| Sponsor Voting Record | Lean right · DW-NOMINATE +0.45 · measured from every roll-call vote this member has cast (voteview.com) (Sponsor Ranking) |
| Support |
LLLCLRR support across the spectrum: 6 members signed on (Bill Ranking) this bill: sponsor + current cosponsors, each once |
| Committees | Senate - Banking, Housing, and Urban Affairs Committee; Senate - Banking, Housing, and Urban Affairs Committee |
| Latest Action | 05/09/2025 Became Public Law No: 119-11. |
| Roll Call Votes | 3 |
| Source | view on congress.gov → |
Public Law: Public Law 119-11
Public Law (05/09/2025)
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.
SJ 28 ENR: 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”. U.S. Senate text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. One Hundred Nineteenth Congress of the United States of America 1st Session Begun and held at the City of Washington on Friday, the third day of January, two thousand and twenty five S. J. RES. 28
IN THE SENATE OF THE UNITED STATES
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. That Congress disapproves the final rule submitted by the Bureau of Consumer Financial Protection relating to Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications (89 Fed. Reg. 99582 (December 10, 2024)), and such rule shall have no force or effect. Speaker of the House of Representatives Vice President of the United States and President of the Senate
119 SJ 28 ES: 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”. U.S. Senate text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. 119th CONGRESS1st SessionS. J. RES. 28IN THE SENATE OF THE UNITED STATESJOINT RESOLUTIONDisapproving 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.That Congress disapproves the final rule submitted by the Bureau of Consumer Financial Protection relating to Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications (89 Fed. Reg. 99582 (December 10, 2024)), and such rule shall have no force or effect. Passed the Senate March 5, 2025.Secretary
119 SJ 28 IS: 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”. U.S. Senate 2025-02-27 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. IIA119th CONGRESS1st SessionS. J. RES. 28IN THE SENATE OF THE UNITED STATESFebruary 27, 2025Mr. Ricketts (for himself and Mr. Budd) introduced the following joint resolution; which was read twice and referred to the Committee on Banking, Housing, and Urban AffairsJOINT RESOLUTIONDisapproving 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.That Congress disapproves the final rule submitted by the Bureau of Consumer Financial Protection relating to Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications (89 Fed. Reg. 99582 (December 10, 2024)), and such rule shall have no force or effect.
119 SJ 28 PCS: 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”. U.S. Senate 2025-03-04 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. IIACalendar No. 20119th CONGRESS1st SessionS. J. RES. 28IN THE SENATE OF THE UNITED STATESFebruary 27, 2025Mr. Ricketts (for himself, Mr. Budd, Mr. Banks, Mr. Hagerty, Mrs. Fischer, and Mr. Scott of South Carolina) introduced the following joint resolution; which was read twice and referred to the Committee on Banking, Housing, and Urban AffairsMarch 4, 2025Committee discharged, by petition, pursuant to 5 U.S.C. 802(c), and placed on the calendar
JOINT RESOLUTIONDisapproving 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.That Congress disapproves the final rule submitted by the Bureau of Consumer Financial Protection relating to Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications (89 Fed. Reg. 99582 (December 10, 2024)), and such rule shall have no force or effect. March 4, 2025Committee discharged, by petition, pursuant to 5 U.S.C. 802(c), and placed on the calendar
The bill's own words, from our database (synced from the GPO BILLS XML); paragraph breaks added at the bill's section boundaries, nothing else changed.
| Date | Chamber | All Actions |
|---|---|---|
| 02/27/2025 | Library of Congress | Introduced in Senate |
| 02/27/2025 | Senate | Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
| 03/04/2025 | Library of Congress | Senate Committee on Banking, Housing, and Urban Affairs discharged, by petition, pursuant to 5 U.S.C. 802(c). |
| 03/04/2025 | Senate | Senate Committee on Banking, Housing, and Urban Affairs discharged, by petition, pursuant to 5 U.S.C. 802(c). |
| 03/04/2025 | Senate | Placed on Senate Legislative Calendar under General Orders. Calendar No. 20. |
| 03/04/2025 | Senate | Motion to proceed to consideration of measure agreed to in Senate by Yea-Nay Vote. 50 - 47. Record Vote Number: 103. (CR S1489) |
| 03/04/2025 | Senate | Measure laid before Senate by motion. (consideration: CR S1489) |
| 03/05/2025 | Senate | Considered by Senate. (consideration: CR S1503, S1510-1511, S1520-1521) |
| 03/05/2025 | Library of Congress | Passed/agreed to in Senate: Passed Senate without amendment by Yea-Nay Vote. 51 - 47. Record Vote Number: 106. |
| 03/05/2025 | Senate | Passed Senate without amendment by Yea-Nay Vote. 51 - 47. Record Vote Number: 106. |
| 03/06/2025 | Senate | Message on Senate action sent to the House. |
| 03/10/2025 | House floor actions | Received in the House |
| 03/10/2025 | House floor actions | Held at the Desk |
| 04/01/2025 | House floor actions | 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. |
| 04/01/2025 | House floor actions | Rule H. Res. 282 failed passage of House. |
| 04/07/2025 | House floor actions | 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. |
| 04/09/2025 | House floor actions | Considered under the provisions of rule H. Res. 294. (consideration: CR H1514-1519) |
| 04/09/2025 | House floor actions | 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. |
| 04/09/2025 | House floor actions | DEBATE - The House proceeded with one hour of debate on S.J. Res. 28. |
| 04/09/2025 | House floor actions | The previous question was ordered pursuant to the rule. |
| 04/09/2025 | House floor actions | 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. |
| 04/09/2025 | House floor actions | Considered as unfinished business. (consideration: CR H1532-1533) |
| 04/09/2025 | Library of Congress | Passed/agreed to in House: On passage Passed by the Yeas and Nays: 219 - 211 (Roll no. 95). (text: CR H1514: 2) |
| 04/09/2025 | House floor actions | On passage Passed by the Yeas and Nays: 219 - 211 (Roll no. 95). (text: CR H1514) |
| 04/09/2025 | House floor actions | Motion to reconsider laid on the table Agreed to without objection. |
| 05/05/2025 | Library of Congress | Presented to President. |
| 05/05/2025 | House floor actions | Presented to President. |
| 05/09/2025 | Library of Congress | Signed by President. |
| 05/09/2025 | Library of Congress | Signed by President. |
| 05/09/2025 | Library of Congress | Became Public Law No: 119-11. |
| 05/09/2025 | Library of Congress | Became Public Law No: 119-11. |
| Title Type | Title |
|---|---|
| Display Title | 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". |
| Official Title as Introduced | 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". |
There are no amendments to this bill.
* = Original cosponsor
| Committee | Activity |
|---|---|
| Senate - Banking, Housing, and Urban Affairs Committee | 03/04/2025 Discharged From |
| Senate - Banking, Housing, and Urban Affairs Committee | 02/27/2025 Referred To |
Policy Area: Finance and Financial Sector
All data on this page comes from our own database (legislation.congress_* tables), synced daily from the GPO govinfo BILLSTATUS and BILLS collections. Formatted after congress.gov; nothing is generated. Member placement is their DW-NOMINATE score (voteview.com, Lewis et al.) - a measurement of roll-call voting behavior, not our judgement. Buckets: Left below −0.50 · Lean Left to −0.25 · Center to +0.25 · Lean Right to +0.50 · Right above +0.50. The bill's Support meter aggregates the people who signed the bill - sponsor and current cosponsors, each counted once - nothing else.