Bill > HJRes92

This joint resolution formally disapproves a specific rule issued by the Office of the Comptroller of the Currency (OCC), a bureau within the U.S. Department of the Treasury, concerning the review process for bank merger applications under the Bank Merger Act. By passing this resolution, Congress would nullify the OCC's rule published in the Federal Register on September 25, 2024, effectively preventing the rule from being implemented or having any legal standing. Using its authority under Chapter 8 of Title 5 of the United States Code, which allows Congress to review and potentially reject federal agency regulations, this resolution represents a legislative mechanism for challenging administrative rulemaking. The specific details of the OCC's rule are not provided in the text, but the resolution indicates that Congress finds the rule objectionable and wishes to prevent its enforcement.

Business and Industry

https://www.congress.gov/bill/119th-congress/house-joint-resolution/92/all-info