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CIVIC HERALD
SJRES 28 · 119th Congress · SenateEnacted

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".

Provisional: our plain-language summary, pending review.

In plain language: Popular digital payment and money-transfer apps will remain exempt from the routine federal oversight that traditional banks face. The measure stops a federal rule that would have allowed government regulators to conduct ongoing, proactive examinations of large tech payment services to ensure they follow consumer protection, privacy, and fraud-prevention laws. Without this rule, federal agencies can still investigate specific consumer complaints or illegal acts, but they cannot routinely audit the companies' day-to-day operations.

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Provisionalunreviewed: impact, provisions, stakeholders, summary
People affected—The bill text nullifies a specific administrative rule without specifying counts of affected consumers or companies.
Fiscal magnitude—The text does not state any dollar amounts or budget appropriations.
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Issues

What this bill touches.

Market protections−25Big-tech & platforms−30Banking/financial rules−40

The sign shows the bill's direction on each issue (+ toward, − away); the number is its magnitude. Color never encodes good or bad, and never party.

Who it affects

Who it helps · who it burdens.

Provisional: our reading of who it affects, pending review.

Who it helps

  • Large digital consumer payment application and wallet providersAre relieved from Consumer Financial Protection Bureau federal supervision and compliance examinations because the rule defining larger participants in general-use digital consumer payment applications is disapproved and given no legal force or effect.provisional

Who opposes it

  • Consumer Financial Protection BureauHas its final rule expanding supervisory authority over large digital payment applications disapproved and rendered without legal force or effect.provisional

Dollar-level funding (FEC sector totals) is coming in a later phase.

What it does

The provisions, in plain language.

Provisional: our reading of what the bill does, pending review.

  1. Overturns the Consumer Financial Protection Bureau's rule expanding federal supervision over large digital consumer payment applications and digital wallet providers, ensuring the rule has no legal force or effect.

    provisional

How your members of Congress line up

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The record

How members voted on S.J.Res. 28.

Recorded roll calls on this bill, most recent first. Open one to see each member's position.

  • House · Apr 9, 2025 · YEA-AND-NAY

    On Passage · Passed

    Source →

  • Senate · Mar 5, 2025 · 1/2 required

    On the Joint Resolution S.J.Res. 28 · Joint Resolution Passed

    Source →

  • Senate · Mar 4, 2025 · 1/2 required

    On the Motion to Proceed S.J.Res. 28 · Motion to Proceed Agreed to

    Source →

Timeline

How it moved.

Show all 27 actions
  1. May 9, 2025Became Public Law No: 119-11.
  2. May 9, 2025Signed by President.
  3. May 5, 2025Presented to President.
  4. Apr 9, 2025Motion to reconsider laid on the table Agreed to without objection.
  5. Apr 9, 2025On passage Passed by the Yeas and Nays: 219 - 211 (Roll no. 95). (text: CR H1514)
  6. Apr 9, 2025Passed/agreed to in House: On passage Passed by the Yeas and Nays: 219 - 211 (Roll no. 95). (text: CR H1514: 2)
  7. Apr 9, 2025Considered as unfinished business. (consideration: CR H1532-1533)
  8. Apr 9, 2025POSTPONED 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.
  9. Apr 9, 2025The previous question was ordered pursuant to the rule.
  10. Apr 9, 2025DEBATE - The House proceeded with one hour of debate on S.J. Res. 28.
  11. Apr 9, 2025Rule 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.
  12. Apr 9, 2025Considered under the provisions of rule H. Res. 294. (consideration: CR H1514-1519)
  13. Apr 7, 2025Rules 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.
  14. Apr 1, 2025Rule H. Res. 282 failed passage of House.
  15. Apr 1, 2025Rules 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.
  16. Mar 10, 2025Held at the Desk
  17. Mar 10, 2025Received in the House
  18. Mar 6, 2025Message on Senate action sent to the House.
  19. Mar 5, 2025Passed Senate without amendment by Yea-Nay Vote. 51 - 47. Record Vote Number: 106.
  20. Mar 5, 2025Passed/agreed to in Senate: Passed Senate without amendment by Yea-Nay Vote. 51 - 47. Record Vote Number: 106.
  21. Mar 5, 2025Considered by Senate. (consideration: CR S1503, S1510-1511, S1520-1521)
  22. Mar 4, 2025Measure laid before Senate by motion. (consideration: CR S1489)
  23. Mar 4, 2025Motion to proceed to consideration of measure agreed to in Senate by Yea-Nay Vote. 50 - 47. Record Vote Number: 103. (CR S1489)
  24. Mar 4, 2025Placed on Senate Legislative Calendar under General Orders. Calendar No. 20.
  25. Mar 4, 2025Senate Committee on Banking, Housing, and Urban Affairs discharged, by petition, pursuant to 5 U.S.C. 802(c).
  26. Feb 27, 2025Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  27. Feb 27, 2025Introduced in Senate
  1. May 9, 2025Became Public Law No: 119-11.
  2. May 9, 2025Signed by President.
  3. May 5, 2025Presented to President.
  4. Apr 9, 2025Motion to reconsider laid on the table Agreed to without objection.
  5. Apr 9, 2025On passage Passed by the Yeas and Nays: 219 - 211 (Roll no. 95). (text: CR H1514)
  6. Apr 9, 2025Passed/agreed to in House: On passage Passed by the Yeas and Nays: 219 - 211 (Roll no. 95). (text: CR H1514: 2)
  7. Apr 7, 2025Rules 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.
  8. Apr 1, 2025Rules 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.
  9. Mar 5, 2025Passed Senate without amendment by Yea-Nay Vote. 51 - 47. Record Vote Number: 106.
  10. Mar 5, 2025Passed/agreed to in Senate: Passed Senate without amendment by Yea-Nay Vote. 51 - 47. Record Vote Number: 106.
  11. Mar 4, 2025Motion to proceed to consideration of measure agreed to in Senate by Yea-Nay Vote. 50 - 47. Record Vote Number: 103. (CR S1489)
  12. Feb 27, 2025Introduced in Senate

The original text

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Sources & provenance

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Cite this page

Civic Herald. “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". (S.J.Res. 28, 119th Congress).” https://civicherald.app/bills/119-sjres-28. Congress.gov record as of Jul 27, 2026.

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