On June 20, 2025, the President signed into law two joint resolutions: S.J. Res. 13 and S.J. Res. 31. S.J. Res. 13 disapproves a rule from the Office of the Comptroller of the Currency regarding the review of bank merger applications, while S.J. Res. 31 addresses a rule from the Environmental Protection Agency concerning the reclassification of major sources under the Clean Air Act. Both resolutions were enacted under chapter 8 of title 5 of the United States Code, which allows Congress to disapprove agency rules.
These resolutions represent a legislative effort to assert congressional oversight over regulatory measures proposed by federal agencies. By disapproving these rules, the President and Congress express a preference for limiting certain regulatory frameworks, particularly those that affect banking and environmental policies. This decision could influence how banking mergers are assessed and how environmental regulations are applied to major pollution sources.
The signing of these resolutions highlights ongoing discussions regarding the balance of power between federal regulatory agencies and Congress. It reflects the administration’s stance on regulatory reform, emphasizing accountability and oversight. As these changes are implemented, stakeholders in both the banking sector and environmental advocacy groups will closely observe the impacts on policy and enforcement.
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