Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Office of the Comptroller of the Currency of the Department of the Treasury relating to the review of applications under the Bank Merger Act.

This joint resolution uses the Congressional Review Act to disapprove the Office of the Comptroller of the Currency’s (OCC) 2024 rule governing how applications under the Bank Merger Act are reviewed. If Congress passes and the President signs it, the rule (published in the Federal Register as 89 Fed. Reg. 78207 on September 25, 2024) would have no force or effect. In short, the bill would block the OCC from implementing that rule and revert the regulatory framework for reviewing bank merger applications to whatever existed prior to the rule. The measure does not change the Bank Merger Act itself or grant new regulatory authority; it simply nullifies the specific regulatory change proposed by the OCC through the rule.