SJRES18-119 · 119th Congress
Signed
Signed May 9, 2025A joint resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection re
A joint resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Overdraft Lending: Very Large Financial Institutions".
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.
VOTE BREAKDOWN
Final passage · 524 politicians tracked
266
YEA
253
NAY
0
PRESENT
5
NOT VOTING
Dem NAY 249Ind YEA 1Ind NAY 2Rep NAY 2Rep YEA 265
BY PARTY · ✕ NAY ← | → YEA ✓
REP
2
265
IND
2
1
DEM
249
0
MONEY ON THIS BILL
Which donor industries fund each side of the vote — total contributions from that industry to those members, all cycles · plus lobbying activity in affected industries
⬆ YEA voters — top donor industries
- 1. Lawyers & Lobbyists$113.8M
- 2. Securities & Investment$104.9M
- 3. Health Services$90.1M
⬇ NAY voters — top donor industries
- 1. Lawyers & Lobbyists$247.5M
- 2. Securities & Investment$148.3M
- 3. Health Services$136.0M
◎ Lobbying activity by issue area
- banking1,000 filings
Dollar figures are each industry's total contributions to those members across all tracked cycles — not money given for this specific bill. Statistical patterns in public records; correlation, not causation.
LOBBYING ON THIS BILL
70 federal lobbying reports name this bill in their activity descriptions · LDA disclosures
NEW YORK BANKERS ASSOCIATION7 reports
CHAMBER OF COMMERCE OF THE U.S.A.7 reports
GOWEST CREDIT UNION ASSOCIATION6 reports
CONSUMER BANKERS ASSOCIATION6 reports
BANK POLICY INSTITUTE6 reports
CALIFORNIA AND NEVADA CREDIT UNION LEAGUES5 reports
INDEPENDENT COMMUNITY BANKERS OF AMERICA4 reports
AMERICAN BANKERS ASSOCIATION3 reports
⟳ The revolving door — lobbyists on this bill with disclosed former government roles
Stephanie CuevasLegislative Director (Rep. Aguilar), Legislative Assistant (Rep. Aguilar), Legislative Aide (Rep. Linda Sanchez), Legislative Correspondent (Rep. Linda Sanchez), Caseworker/Field Rep (Rep. Norton)
Peggy RaminU.S. Representative Maurice Hinchey (NY-22) (Aug 2010 - Dec 2010) U.S. Representative Gabrielle Giffords (AZ-08) (May 2009 - Aug 2009)
Chloe WhiteLegislative Correspondent/Legislative Assistant, Rep. Dennis Moore, KS-03 (2009-2011)
Elizabeth KingAll with Congressman Chaka Fattah (PA-02): 2005-2007 Legislative Assistant 2007-2010 Senior Legislative Assistant 2010-2012 Senior Policy Advisor 2012-2013 Legislative Director
Kanya BennettCounsel, House Committee on the Judiciary (2003-2011)
Jesselyn MccurdyCounsel, House Committee on the Judiciary (2008-2010)
“Covered position” is the former government job lobbyists must disclose by law (LDA §4). Prior service is stated on the filings; it carries no implication of wrongdoing. Full revolving-door board →
A report naming a bill means the organization disclosed lobbying activity on it — the disclosure does not state a position for or against.
INDIVIDUAL VOTES
Recorded positions for tracked politicians
SPONSORS
Tim Scott
R-SC · Primary
16 COSPONSORS
REPUBLICAN● 16 R
+10 more (see dot grid above)
SPONSOR FUNDING
Top industries funding Scott
Securities & Investment14%
Securities & Investment 14% of classified donations
Party & Leadership14%
Party & Leadership 14% of classified donations
Lawyers & Lobbyists10%
Lawyers & Lobbyists 10% of classified donations
Real Estate8%
Real Estate 8% of classified donations
Health Services8%
Health Services 8% of classified donations
TRAIL AI
Senate Joint Resolution 18 is a joint resolution of disapproval regarding a rule submitted by the Bureau of Consumer Financial Protection. The measure passed with 265 votes in favor and 253 against, largely along party lines, with Republicans voting 264-2 in support and Democrats voting 249-0 in opposition. The resolution has been signed into law.
Based on public voting records. Does not imply causation.
TIMELINE
INTRODUCEDFeb 13, 2025
PASSED SENATEMar 27, 2025
SIGNEDMay 9, 2025
DATA SOURCES
Bill data: Congress.gov · 117th–119th Congress (2021–present)
Vote records: House Clerk / Senate · 2021–present
Reflects public records. Does not imply causation.