S.J.Res. 28 · 119th Congress

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".

Introduced on Feb 27, 2025 by Pete Ricketts (R-NE). 5 cosponsors, all from the sponsor's party. Became Public Law 119-11.

Stage
Became law
Public Law 119-11
Introduced
Feb 27, 2025
Cosponsors
5
0 from the other party
Policy area
Finance and Financial Sector
Open in the Congress explorerCongress.govAlert me

Progress

The furthest stage the measure reached. Simple and concurrent resolutions do not go to the President.

  1. Introduced
  2. Reported by committee
  3. Passed one chamber
  4. Passed both chambers
  5. Sent to the President
  6. Became law

Subjects

  • Administrative law and regulatory procedures
  • Congressional oversight
  • Consumer Financial Protection Bureau
  • Consumer affairs
  • Internet, web applications, social media

Summary

By the Congressional Research Service (Public Law, May 9, 2025). Public domain.

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.

Sponsor and cosponsors

Cosponsors by party as of the day they signed on. Original cosponsors signed on the day of introduction.

Pete RickettsR-NESponsor

Republicans · 5

Roll calls

Recorded votes on the measure. Most measures move by voice vote or unanimous consent, which record no individual positions.

  1. On the Motion to Proceed
    Mar 4, 2025· Senate· Procedural· Motion to Proceed Agreed to 50–47
  2. On the Joint Resolution
    Mar 5, 2025· Senate· Passage· Joint Resolution Passed 51–47
  3. On Passage
    Apr 9, 2025· House· Passage· Passed 219–211

History

Every action as published, oldest first. Roll calls link to how each member voted.

  1. Feb 27, 2025Introduced in Senate
  2. Feb 27, 2025 · SenateRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  3. Mar 4, 2025Senate Committee on Banking, Housing, and Urban Affairs discharged, by petition, pursuant to 5 U.S.C. 802(c).
  4. Mar 4, 2025 · SenateSenate Committee on Banking, Housing, and Urban Affairs discharged, by petition, pursuant to 5 U.S.C. 802(c).
  5. Mar 4, 2025 · SenatePlaced on Senate Legislative Calendar under General Orders. Calendar No. 20.
  6. Mar 4, 2025 · SenateMotion to proceed to consideration of measure agreed to in Senate by Yea-Nay Vote. 50 - 47. Record Vote Number: 103. (CR S1489)Senate · Roll call 103
  7. Mar 4, 2025 · SenateMeasure laid before Senate by motion. (consideration: CR S1489)
  8. Mar 5, 2025 · SenateConsidered by Senate. (consideration: CR S1503, S1510-1511, S1520-1521)
  9. Mar 5, 2025Passed/agreed to in Senate: Passed Senate without amendment by Yea-Nay Vote. 51 - 47. Record Vote Number: 106.Senate · Roll call 106
  10. Mar 5, 2025 · SenatePassed Senate without amendment by Yea-Nay Vote. 51 - 47. Record Vote Number: 106.Senate · Roll call 106
  11. Mar 6, 2025 · SenateMessage on Senate action sent to the House.
  12. Mar 10, 2025 · HouseReceived in the House
  13. Mar 10, 2025 · HouseHeld at the Desk
  14. Apr 1, 2025 · HouseRules 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.
  15. Apr 1, 2025 · HouseRule H. Res. 282 failed passage of House.
  16. Apr 7, 2025 · HouseRules 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.
  17. Apr 9, 2025 · HouseConsidered under the provisions of rule H. Res. 294. (consideration: CR H1514-1519)
  18. Apr 9, 2025 · HouseRule 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.
  19. Apr 9, 2025 · HouseDEBATE - The House proceeded with one hour of debate on S.J. Res. 28.
  20. Apr 9, 2025 · HouseThe previous question was ordered pursuant to the rule.
  21. Apr 9, 2025 · HousePOSTPONED 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.
  22. Apr 9, 2025 · HouseConsidered as unfinished business. (consideration: CR H1532-1533)
  23. Apr 9, 2025Passed/agreed to in House: On passage Passed by the Yeas and Nays: 219 - 211 (Roll no. 95). (text: CR H1514: 2)House · Roll call 95
  24. Apr 9, 2025 · HouseOn passage Passed by the Yeas and Nays: 219 - 211 (Roll no. 95). (text: CR H1514)House · Roll call 95
  25. Apr 9, 2025 · HouseMotion to reconsider laid on the table Agreed to without objection.
  26. May 5, 2025Presented to President.
  27. May 5, 2025 · HousePresented to President.
  28. May 9, 2025Signed by President.
  29. May 9, 2025Signed by President.
  30. May 9, 2025Became Public Law No: 119-11.
  31. May 9, 2025Became Public Law No: 119-11.

Committees

Committees and subcommittees the measure was referred to.

Agencies in its committees' jurisdiction

Analisa's mapping of committee jurisdiction to federal agencies; the bill may touch others, or none of these.

Who lobbied on it

Organizations whose lobbying reports (LD-2) name this measure. Spending is what they reported for those quarters on all issues, not on this measure alone.

  1. Chamber of Commerce of the U.S.A.6 reports
    $107M reported (all issues)
  2. Americans for Tax Reform3 reports
    $180K reported (all issues)
  3. APPLE INC.2 reports
    $4.8M reported (all issues)Federal contractor: APPLE INC$9,212 in contracts, FY2026AI match · 99%
  4. Americans for Financial Reform2 reports
    $300K reported (all issues)
  5. Demand Progress Action, Inc2 reports
    $70K reported (all issues)
  6. FINANCIAL TECHNOLOGY ASSOCIATION2 reports
    $210K reported (all issues)
  7. Crypto Council for Innovation1 report
    $128K reported (all issues)
  8. SMALL BUSINESS & ENTREPRENEURSHIP COUNCIL (SBE COUNCIL)1 report
    $40K reported (all issues)
  9. U.S. Public Interest Research Group1 report
    $10K reported (all issues)

Reports filed in 2025, 2026.

Sources and method

Every figure on this page traces to these records.

  • Bill status: bills and resolutions, sponsors, actions, subjects and CRS summaries (U.S. Government Publishing Office (GovInfo), from Congress.gov (Library of Congress))GovInfo Bill Status bulk data (Congress.gov; summaries by the Congressional Research Service) · data current to Oct 3, 2026 · loaded Oct 3, 2026 · license: Public domain (U.S. Government work, 17 U.S.C. § 105)
  • Members of Congress, their terms, committees and identifiers (The @unitedstates project (from the Biographical Directory of the U.S. Congress, the House and the Senate))unitedstates/congress-legislators: legislators, committees and current committee membership · data current to Oct 3, 2026 · loaded Oct 3, 2026 · license: CC0 1.0 (public domain dedication)
  • House roll-call votes (Office of the Clerk, U.S. House of Representatives)Office of the Clerk, U.S. House of Representatives, roll-call vote records · data current to Oct 3, 2026 · loaded Oct 3, 2026 · license: Public domain (U.S. Government work, 17 U.S.C. § 105)
  • Senate roll-call votes and DW-NOMINATE scores (Voteview (UCLA Department of Political Science))Lewis, Jeffrey B., Keith Poole, Howard Rosenthal, Adam Boche, Aaron Rudkin, and Luke Sonnet (2026). Voteview: Congressional Roll-Call Votes Database. https://voteview.com/ · data current to Oct 3, 2026 · loaded Oct 3, 2026 · license: Free to use with the required citation
  • Lobbying disclosures (LD-1 registrations, LD-2 quarterly reports, LD-203 contribution reports) (Clerk of the U.S. House of Representatives)Clerk of the House, Lobbying Disclosure Act filings (organizations only; lobbyists' names are not loaded) · data current to Oct 5, 2026 · loaded Oct 5, 2026 · license: Public domain (U.S. Government work, 17 U.S.C. § 105)
  • Positions are shown only where a roll call recorded them; voice votes and unanimous consent record none.
  • Money and votes are shown side by side; neither explains the other.