119th Congress · introduced in the Senate · Feb 27, 2025
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 from Congress.gov
Latest action (May 9, 2025): Became Public Law No: 119-11.
View on Congress.govPolicy area: Finance and Financial Sector
Congressional Research Service summary, version: Public Law (May 9, 2025) · 2 versions published
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.
Includes amendment, cloture, and procedural votes. Each is labeled with its exact question; only a passage question is a vote to pass the bill.
House · Apr 9, 2025 · Roll call 95 · Passed
Senate · Mar 5, 2025 · Roll call 106 · Joint Resolution Passed
Senate · Mar 4, 2025 · Roll call 103 · Motion to Proceed Agreed to
Became Public Law No: 119-11.
Became Public Law No: 119-11.
Signed by President.
Signed by President.
Presented to President.
Presented to President.
Motion to reconsider laid on the table Agreed to without objection.
On passage Passed by the Yeas and Nays: 219 - 211 (Roll no. 95). (text: CR H1514) Roll call details
Passed/agreed to in House: On passage Passed by the Yeas and Nays: 219 - 211 (Roll no. 95). (text: CR H1514: 2) Roll call details
Considered as unfinished business. (consideration: CR H1532-1533)
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.
The previous question was ordered pursuant to the rule.
DEBATE - The House proceeded with one hour of debate on S.J. Res. 28.
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.
Administrative law and regulatory procedures · Congressional oversight · Consumer affairs · Consumer Financial Protection Bureau · Internet, web applications, social media
LD-2 reports whose issue descriptions explicitly cite this bill (bill type and number validated against Congress.gov records). A citation does not establish the client's position or any contact with a member.
Loading lobbying reportsConsidered under the provisions of rule H. Res. 294. (consideration: CR H1514-1519)
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.
Rule H. Res. 282 failed passage of House.
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.
Held at the Desk
Received in the House
Message on Senate action sent to the House.
Passed Senate without amendment by Yea-Nay Vote. 51 - 47. Record Vote Number: 106. Roll call details
Passed/agreed to in Senate: Passed Senate without amendment by Yea-Nay Vote. 51 - 47. Record Vote Number: 106. Roll call details
Considered by Senate. (consideration: CR S1503, S1510-1511, S1520-1521)
Measure laid before Senate by motion. (consideration: CR S1489)
Motion to proceed to consideration of measure agreed to in Senate by Yea-Nay Vote. 50 - 47. Record Vote Number: 103. (CR S1489) Roll call details
Placed on Senate Legislative Calendar under General Orders. Calendar No. 20.
Senate Committee on Banking, Housing, and Urban Affairs discharged, by petition, pursuant to 5 U.S.C. 802(c).
Senate Committee on Banking, Housing, and Urban Affairs discharged, by petition, pursuant to 5 U.S.C. 802(c).
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced in Senate
Actions from Congress.gov, newest first.
Coverage: reports for 2025 onward, posted Jan 1, 2025 through Oct 24, 2026.
23 citations.
CHAMBER OF COMMERCE OF THE U.S.A. · lobbying firm or registrant: CHAMBER OF COMMERCE OF THE U.S.A.
2026 Q3 report (Jul 1, 2026 – Sep 30, 2026) · posted Oct 20, 2026 · issue area: Banking
$16,480,000
Spent on own lobbying
…Disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Overdraft Lending: Very Large Financial Institutions" H.J. Res. 64/S.J. Res. 28, Disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Defining Larger Participants of a Market for General-Use Digital C…
Congress inferred from the report year; bill number matches Congress.gov records and the bill predates the report; no title was cited with it. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
CHAMBER OF COMMERCE OF THE U.S.A. · lobbying firm or registrant: CHAMBER OF COMMERCE OF THE U.S.A.
2026 Q2 report (Apr 1, 2026 – Jun 30, 2026) · posted Jul 20, 2026 · issue area: Banking
$16,950,000
Spent on own lobbying
…Disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Overdraft Lending: Very Large Financial Institutions" H.J. Res. 64/S.J. Res. 28, Disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Defining Larger Participants of a Market for General-Use Digital C…
Congress inferred from the report year; bill number matches Congress.gov records and the bill predates the report; no title was cited with it. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
CHAMBER OF COMMERCE OF THE U.S.A. · lobbying firm or registrant: CHAMBER OF COMMERCE OF THE U.S.A.
2026 Q1 report (Jan 1, 2026 – Mar 31, 2026) · amended · posted Jul 14, 2026 · issue area: Banking
$19,750,000
Spent on own lobbying
…Disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Overdraft Lending: Very Large Financial Institutions" H.J. Res. 64/S.J. Res. 28, Disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Defining Larger Participants of a Market for General-Use Digital C…
Congress inferred from the report year; bill number matches Congress.gov records and the bill predates the report; no title was cited with it. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
APPLE INC · lobbying firm or registrant: APPLE INC.
2025 Q2 report (Apr 1, 2025 – Jun 30, 2025) · amended · posted Feb 16, 2026 · issue area: Banking
$2,330,000
Spent on own lobbying
Providing information related to Apples efforts around financial services and S.J. Res. 28 re the Larger Participant Rule
Congress inferred from the report year; bill number matches Congress.gov records and the bill predates the report; no title was cited with it. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
AMERICANS FOR TAX REFORM · lobbying firm or registrant: AMERICANS FOR TAX REFORM
2025 Q4 report (Oct 1, 2025 – Dec 31, 2025) · posted Feb 4, 2026 · issue area: Banking
$60,000
Spent on own lobbying
…oint resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to Overdraft Lending: Very Large Financial Institutions S.J.Res.28: A joint resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to Defining Larger Participants of a Market for Gen…
Congress inferred from the report year; bill number matches Congress.gov records and the bill predates the report; no title was cited with it. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
CHAMBER OF COMMERCE OF THE U.S.A. · lobbying firm or registrant: CHAMBER OF COMMERCE OF THE U.S.A.
2025 Q4 report (Oct 1, 2025 – Dec 31, 2025) · posted Jan 20, 2026 · issue area: Banking
$17,960,000
Spent on own lobbying
…, Disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Overdraft Lending: Very Large Financial Institutions" H.J.Res. 64/S.J.Res. 28, Disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Defining Larger Participants of a Market for General-Use Digital C…
Congress inferred from the report year; bill number matches Congress.gov records and the bill predates the report; no title was cited with it. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
AMERICANS FOR TAX REFORM · lobbying firm or registrant: AMERICANS FOR TAX REFORM
2025 Q3 report (Jul 1, 2025 – Sep 30, 2025) · posted Oct 21, 2025 · issue area: Banking
$60,000
Spent on own lobbying
…oint resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to Overdraft Lending: Very Large Financial Institutions S.J.Res.28: A joint resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to Defining Larger Participants of a Market for Gen…
Congress inferred from the report year; bill number matches Congress.gov records and the bill predates the report; no title was cited with it. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
CHAMBER OF COMMERCE OF THE U.S.A. · lobbying firm or registrant: CHAMBER OF COMMERCE OF THE U.S.A.
2025 Q3 report (Jul 1, 2025 – Sep 30, 2025) · posted Oct 20, 2025 · issue area: Banking
$13,650,000
Spent on own lobbying
…Disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Overdraft Lending: Very Large Financial Institutions" H.J. Res. 64/S.J. Res. 28, Disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Defining Larger Participants of a Market for General-Use Digital C…
Congress inferred from the report year; bill number matches Congress.gov records and the bill predates the report; no title was cited with it. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
AMERICANS FOR FINANCIAL REFORM · lobbying firm or registrant: AMERICANS FOR FINANCIAL REFORM
2025 Q2 report (Apr 1, 2025 – Jun 30, 2025) · posted Jul 22, 2025 · issue area: Consumer Issues/Safety/Products
$150,000
Spent on own lobbying
…t resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Overdraft Lending: Very Large Financial Institutions". S.J.Res 28 A joint resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Defining Larger Participants of a Market for Gen…
Congress inferred from the report year; bill number matches Congress.gov records and the bill predates the report; no title was cited with it. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
AMERICANS FOR TAX REFORM · lobbying firm or registrant: AMERICANS FOR TAX REFORM
2025 Q2 report (Apr 1, 2025 – Jun 30, 2025) · posted Jul 22, 2025 · issue area: Banking
$60,000
Spent on own lobbying
…oint resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to Overdraft Lending: Very Large Financial Institutions S.J.Res.28: A joint resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to Defining Larger Participants of a Market for Gen…
Congress inferred from the report year; bill number matches Congress.gov records and the bill predates the report; no title was cited with it. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
CHAMBER OF COMMERCE OF THE U.S.A. · lobbying firm or registrant: CHAMBER OF COMMERCE OF THE U.S.A.
2025 Q2 report (Apr 1, 2025 – Jun 30, 2025) · posted Jul 21, 2025 · issue area: Banking
$19,340,000
Spent on own lobbying
…Disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Overdraft Lending: Very Large Financial Institutions" H.J. Res. 64/S.J. Res. 28, Disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Defining Larger Participants of a Market for General-Use Digital C…
Congress inferred from the report year; bill number matches Congress.gov records and the bill predates the report; no title was cited with it. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
CHAMBER OF COMMERCE OF THE U.S.A. · lobbying firm or registrant: CHAMBER OF COMMERCE OF THE U.S.A.
2025 Q2 report (Apr 1, 2025 – Jun 30, 2025) · posted Jul 21, 2025 · issue area: Financial Institutions/Investments/Securities
$19,340,000
Spent on own lobbying
…/S.J.Res. 18, Disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Overdraft Lending: Very Large Financial Institutions" S.J.Res. 28, A joint resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Defining Larger Participants of a Market for Ge…
Congress inferred from the report year; bill number matches Congress.gov records and the bill predates the report; no title was cited with it. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
DEMAND PROGRESS ACTION · lobbying firm or registrant: KATHERINE OH
2025 Q2 report (Apr 1, 2025 – Jun 30, 2025) · posted Jul 20, 2025 · issue area: Consumer Issues/Safety/Products
$10,000
Paid to lobbying firm
…ed by the Bureau of Consumer Financial Protection relating to "Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications" (S.J.Res.28)
Congress inferred from the report year; bill number matches Congress.gov records and the bill predates the report; no title was cited with it. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
FINANCIAL TECHNOLOGY ASSOCIATION · lobbying firm or registrant: FINANCIAL TECHNOLOGY ASSOCIATION
2025 Q2 report (Apr 1, 2025 – Jun 30, 2025) · posted Jul 20, 2025 · issue area: Financial Institutions/Investments/Securities
$110,000
Spent on own lobbying
H.Res.1, One Big Beautiful Bill Act, provisions relating to remittance tax; S.J.Res.28 providing for Congressional disapproval of the CFPB rule relating to Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applicat…
Congress inferred from the report year; bill number matches Congress.gov records and the bill predates the report; no title was cited with it. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
AMERICANS FOR FINANCIAL REFORM · lobbying firm or registrant: AMERICANS FOR FINANCIAL REFORM
2025 Q1 report (Jan 1, 2025 – Mar 31, 2025) · posted Apr 25, 2025 · issue area: Consumer Issues/Safety/Products
$150,000
Spent on own lobbying
…t resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Overdraft Lending: Very Large Financial Institutions". S.J.Res 28 A joint resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Defining Larger Participants of a Market for Gen…
Congress inferred from the report year; bill number matches Congress.gov records and the bill predates the report; no title was cited with it. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
APPLE INC · lobbying firm or registrant: APPLE INC.
2025 Q1 report (Jan 1, 2025 – Mar 31, 2025) · posted Apr 22, 2025 · issue area: Banking
$2,450,000
Spent on own lobbying
Providing information related to Apples efforts around financial services and S.J. Res. 28 re the Larger Participant Rule
Congress inferred from the report year; bill number matches Congress.gov records and the bill predates the report; no title was cited with it. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
SMALL BUSINESS & ENTREPRENEURSHIP COUNCIL (SBE COUNCIL) · lobbying firm or registrant: SMALL BUSINESS & ENTREPRENEURSHIP COUNCIL (SBE COUNCIL)
2025 Q1 report (Jan 1, 2025 – Mar 31, 2025) · posted Apr 21, 2025 · issue area: Small Business
$40,000
Spent on own lobbying
…lidate the Internal Revenue Services (IRSs) Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales rule. CFPB and S.J.Res.28: Supported House and Senate passage of the resolution to nullify the Consumer Financial Protection Bureau (CFPB) rule - Defining Larger Participants of a Marke…
Congress inferred from the report year; bill number matches Congress.gov records and the bill predates the report; no title was cited with it. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
FINANCIAL TECHNOLOGY ASSOCIATION · lobbying firm or registrant: FINANCIAL TECHNOLOGY ASSOCIATION
2025 Q1 report (Jan 1, 2025 – Mar 31, 2025) · posted Apr 21, 2025 · issue area: Financial Institutions/Investments/Securities
$100,000
Spent on own lobbying
S.2330, Small Business Technological Advancement Act, provisions impacting financial technology firms; S.J.Res.28 providing for Congressional disapproval of the CFPB rule relating to "Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applica…
Congress inferred from the report year; bill number matches Congress.gov records and the bill predates the report; no title was cited with it. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
CHAMBER OF COMMERCE OF THE U.S.A. · lobbying firm or registrant: CHAMBER OF COMMERCE OF THE U.S.A.
2025 Q1 report (Jan 1, 2025 – Mar 31, 2025) · posted Apr 21, 2025 · issue area: Financial Institutions/Investments/Securities
$19,340,000
Spent on own lobbying
…/S.J.Res. 18, Disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Overdraft Lending: Very Large Financial Institutions" S.J.Res. 28, A joint resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Defining Larger Participants of a Market for Ge…
Congress inferred from the report year; bill number matches Congress.gov records and the bill predates the report; no title was cited with it. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
CHAMBER OF COMMERCE OF THE U.S.A. · lobbying firm or registrant: CHAMBER OF COMMERCE OF THE U.S.A.
2025 Q1 report (Jan 1, 2025 – Mar 31, 2025) · posted Apr 21, 2025 · issue area: Banking
$19,340,000
Spent on own lobbying
…, Disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Overdraft Lending: Very Large Financial Institutions" H.J.Res. 64/S.J.Res. 28, Disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Defining Larger Participants of a Market for General-Use Digital C…
Congress inferred from the report year; bill number matches Congress.gov records and the bill predates the report; no title was cited with it. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
DEMAND PROGRESS ACTION, INC · lobbying firm or registrant: DEMAND PROGRESS ACTION, INC
2025 Q1 report (Jan 1, 2025 – Mar 31, 2025) · posted Apr 21, 2025 · issue area: Financial Institutions/Investments/Securities
$70,000
Spent on own lobbying
S.J. Res. 28Digital Consumer Payment Applications
Congress inferred from the report year; bill number matches Congress.gov records and the bill predates the report; no title was cited with it. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
U.S. PUBLIC INTEREST RESEARCH GROUP · lobbying firm or registrant: U.S. PUBLIC INTEREST RESEARCH GROUP
2025 Q1 report (Jan 1, 2025 – Mar 31, 2025) · posted Apr 18, 2025 · issue area: Banking
$10,000
Spent on own lobbying
…essional Review Act resolutions to overturn the CFPB's overdraft lending, payment apps, and medical debt reporting rules. Those CRA resolutions are S.J.Res.18, S.J.Res.28, and S.J.Res.36, respectively. Lobbied in opposition to any Congressional changes to the CFPB's funding, structure, and tools to protect consumers. Urged the C…
Congress inferred from the report year; bill number matches Congress.gov records and the bill predates the report; no title was cited with it. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
CRYPTO COUNCIL FOR INNOVATION · lobbying firm or registrant: CRYPTO COUNCIL FOR INNOVATION
2025 Q1 report (Jan 1, 2025 – Mar 31, 2025) · posted Apr 14, 2025 · issue area: Banking
$128,000
Spent on own lobbying
…et structure: H.R. 2365 Securities Clarity Act, Financial Innovation and Technology for the 21st Century Act; CRAs: HJ Res. 25, CRA on IRS DeFi Reporting Rule; SJ Res 28, CRA on CFPB Larger Participant Rule
Congress inferred from the report year; bill number matches Congress.gov records and the bill predates the report; no title was cited with it. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing