A joint resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Overdraft Lending: Very Large Financial Institutions".
Public Law 119-10 · S.J.Res. 18 · 119th Congress · began in the Senate
Signed by Donald Trump (R) on May 9, 2025 · Finance and Financial Sector
Sponsor: Sen. Tim Scott (R-SC)
Cosponsors (16): Sen. Mike Rounds, Sen. Bill Hagerty,
Passage votesYeaNay
- HouseRecorded vote: 217 yea, 211 nay217–211
- SenateRecorded vote: 52 yea, 48 nay52–48
Data notes
The final version of the law, as each chamber passed it. A chamber that passed it by voice vote or unanimous consent has no count. “Method not stated” means the record does not say how the chamber voted. Where the record has a member-by-member vote, the “Who voted for it” section shows who voted yea.
Summary
The Congressional Research Service’s plain-language summary of what the law does.
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.
Who voted for it
Every senator of the 119th Congress on the ideology compass. Highlighted: the 52 who voted yea on final passage. Faded: everyone else, including those who voted nay, did not vote, or had not yet taken office.
52 yea48 nay
Democrats who voted yea(0)
- None.
Republicans who voted yea(52)
Sen. Susan CollinsR-ME
Sen. Lisa MurkowskiR-AK
Sen. Dan SullivanR-AK
Sen. Mitch McConnellR-KY
Sen. John ThuneR-SD
Sen. Thom TillisR-NC
Sen. Jerry MoranR-KS
Sen. John BoozmanR-AR
Sen. Mike RoundsR-SD
Sen. Lindsey GrahamR-SC
Sen. Roger WickerR-MS
Sen. Shelley CapitoR-WV
Sen. Bill CassidyR-LA
Sen. Markwayne MullinR-OK
Sen. Deb FischerR-NE
Sen. Cindy Hyde-SmithR-MS
Sen. Chuck GrassleyR-IA
Sen. Pete RickettsR-NE
Sen. Kevin CramerR-ND
Sen. John HoevenR-ND
Sen. Tom CottonR-AR
Sen. James LankfordR-OK
Sen. Tim ScottR-SC
Sen. Todd YoungR-IN
Sen. Joni ErnstR-IA
Sen. Mike CrapoR-ID
Sen. Jim JusticeR-WV
Sen. Jon HustedR-OH
Sen. Roger MarshallR-KS
Sen. John CornynR-TX
Sen. Dave McCormickR-PA
Sen. Steve DainesR-MT
Sen. John KennedyR-LA
Sen. James RischR-ID
Sen. Tim SheehyR-MT
Sen. Marsha BlackburnR-TN
Sen. John BarrassoR-WY
Sen. John CurtisR-UT
Sen. Jim BanksR-IN
Sen. Katie BrittR-AL
Sen. Ashley MoodyR-FL
Sen. Ted BuddR-NC
Sen. Eric SchmittR-MO
Sen. Bernie MorenoR-OH
Sen. Bill HagertyR-TN
Sen. Rand PaulR-KY
Sen. Ted CruzR-TX
Sen. Cynthia LummisR-WY
Sen. Ron JohnsonR-WI
Sen. Mike LeeR-UT
Sen. Tommy TubervilleR-AL
Sen. Rick ScottR-FL
Data notes
The Senate’s recorded vote on the final version of the law (roll call 153 in Voteview), matched to the vote the record cites and checked against its totals. Positions are each member’s DW-NOMINATE score for that Congress, as on the Ideology page; left to right is more liberal to more conservative. Paired and announced yea votes count as yea. Lists follow the compass, most liberal first. A name links to a profile only for members of the current Congress. A law passed by voice vote or unanimous consent has no member list, and neither does a vote Voteview has not yet recorded.
Committees
The committees the bill was sent to, and what each did with it.
Data notes
A committee links to its page only where it exists in the current Congress; older and renamed committees are named without a link.
Related bills
3 bills the Library of Congress relates to this one.
H.J.Res. 59Identical billPublic law contains the textRelated bill
Disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Overdraft Lending: Very Large Financial Institutions".
H.Res. 282Procedurally relatedRelated bill
Providing for consideration of the joint resolution (S.J. Res. 18) disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Overdraft Lending: Very Large Financial Institutions''; prov…
H.Res. 294Procedurally relatedRelated bill
Providing for consideration of the joint resolution (S.J. Res. 18) disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Overdraft Lending: Very Large Financial Institutions"; provi…
Data notes
Related bills are identified by the Congressional Research Service, the House and the Senate: companion and identical bills, bills with similar text, bills that were folded into this law, and rules that brought it to the floor. A bill that is itself a public law in this site’s data links here; the others link to Congress.gov.
Timeline
From introduction to signing, newest first: the committees, the floor and the president. 24 actions.
- May 9, 2025Became lawBecame law · Became Public Law No: 119-10.
- Became lawBecame law · Signed by President.
- May 5, 2025FloorFloor · Presented to President.
- Apr 9, 2025FloorFloor · Motion to reconsider laid on the table Agreed to without objection.
- FloorFloor · On passage Passed by the Yeas and Nays: 217 - 211 (Roll no. 96).House roll call 96
- FloorFloor · Considered as unfinished business.
- FloorFloor · POSTPONED 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…
- FloorFloor · The previous question was ordered pursuant to the rule.
- FloorFloor · DEBATE - The House proceeded with one hour of debate on S.J. Res. 18.
- FloorFloor · 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 motio…
- FloorFloor · Considered under the provisions of rule H. Res. 294.
- Apr 7, 2025FloorFloor · 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 pro…
- Apr 1, 2025FloorFloor · 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 pro…
- Mar 31, 2025FloorFloor · Held at the desk.
- FloorFloor · Received in the House.
- FloorFloor · Message on Senate action sent to the House.
- Mar 27, 2025FloorFloor · Passed Senate without amendment by Yea-Nay Vote. 52 - 48. Record Vote Number: 153.Senate roll call 153
- FloorFloor · Considered by Senate.
- Mar 26, 2025FloorFloor · Measure laid before Senate by motion.
- FloorFloor · Motion to proceed to consideration of measure agreed to in Senate by Yea-Nay Vote. 52 - 47. Record Vote Number: 152.Senate roll call 152
- CalendarCalendar · Placed on Senate Legislative Calendar under General Orders. Calendar No. 34.
- CommitteeCommittee · Senate Committee on Banking, Housing, and Urban Affairs discharged, by petition, pursuant to 5 U.S.C. 802(c).
- Feb 13, 2025CommitteeCommittee · Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- IntroducedIntroduced · Introduced in Senate
Data notes
Every action the Library of Congress lists for the bill, from introduction to signing, plus the dated committee hearings. The source lists many steps twice (the chamber’s own entry and the Library of Congress copy, or a presidential and a became-law entry with the same words); those are shown once. Amendments are listed in their own section.
Amendments
No amendments to this bill are on record.
Data notes
Amendments offered to this bill in either chamber, as the Library of Congress records them: each with a status read from its last recorded step: agreed to, rejected, withdrawn, ruled out of order, fell with another amendment, or offered with no vote recorded (most Senate amendments are only ever offered). The wording of each amendment is the source’s. Amendments to amendments and amendments to other bills are not listed.
Official record
The bill’s full text is on Congress.gov. Data through Oct 7, 2026.