SJR18
Disapproval of Overdraft Lending Rule for Large Financial Institutions
Date of Vote: March 27, 2025
Chamber of Origin: SenateCongress: 119thRoll Call Number: 153 | Session Number: 1
The joint resolution passed by Congress disapproves the final rule submitted by the Bureau of Consumer Financial Protection that pertains to overdraft lending practices at very large financial institutions. The rule, published in the Federal Register on December 30, 2024, is rendered without force or effect following the passage of this resolution in the Senate on March 27, 2025. This action reflects Congress's stance on the regulation of financial institutions and their lending practices, particularly concerning consumer protection in overdraft situations.1
Turning Point Action’s Position
Voted YEA
52VOTED NAY
48Voted yea
Voted nay
Not voting
Present
Abstaining
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