Public Law 119–11: 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”.

public-law-119-11Public Law 119-11Statute

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PUBLIC LAW 119–11—MAY 9, 2025
139 STAT. 54
Public Law
119–11
119th Congress
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”.

May 9, 2025

[S.J. Res. 28]

  Resolved   by   the   Senate   and   House   of   Representatives   of   the   United   States   of   America   in   Congress   assembled,
That Congress disapproves the final rule submitted by the Bureau of Consumer Financial Protection relating to “Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications” (89 Fed. Reg. 99582 (December 10, 2024)), and such rule shall have no force or effect.
Approved May 9, 2025.

LEGISLATIVE HISTORY—S.J. Res. 28:

CONGRESSIONAL RECORD, Vol. 171 (2025):

Mar. 4, 5, considered and passed Senate.

Apr. 9, considered and passed House.

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