On the Joint Resolution — S.J. Res. 28
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".
In plain language
- Senate joint resolution in the 119th Congress.
- Nullifies the final rule issued by the Consumer Financial Protection Bureau (CFPB) titled Defining Larger Participants.
- Senate passed it on Mar 5, 2025 (substantive).
Official summary (Congressional Research Service)
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.
Roll-call breakdown
Republican: 51
Democrat: 44 · Independent: 2 · Republican: 1
—
Democrat: 1 · Republican: 1
How each member voted (100)
Yea (51)
- Ashley Moody (Republican–FL)
- Bernie Moreno (Republican–OH)
- Bill Cassidy (Republican–LA)
- Bill Hagerty (Republican–TN)
- Chuck Grassley (Republican–IA)
- Cindy Hyde-Smith (Republican–MS)
- Dan Sullivan (Republican–AK)
- David McCormick (Republican–PA)
- Deb Fischer (Republican–NE)
- Eric Schmitt (Republican–MO)
- James C. Justice (Republican–WV)
- James E. Risch (Republican–ID)
- James Lankford (Republican–OK)
- Jerry Moran (Republican–KS)
- Jim Banks (Republican–IN)
- John Barrasso (Republican–WY)
- John Boozman (Republican–AR)
- John Cornyn (Republican–TX)
- John Hoeven (Republican–ND)
- John Kennedy (Republican–LA)
- John R. Curtis (Republican–UT)
- John Thune (Republican–SD)
- Jon Husted (Republican–OH)
- Joni Ernst (Republican–IA)
- Katie Boyd Britt (Republican–AL)
- Kevin Cramer (Republican–ND)
- Lindsey Graham (Republican–SC)
- Lisa Murkowski (Republican–AK)
- Markwayne Mullin (Republican–OK)
- Marsha Blackburn (Republican–TN)
- Mike Crapo (Republican–ID)
- Mike Lee (Republican–UT)
- Mike Rounds (Republican–SD)
- Mitch McConnell (Republican–KY)
- Pete Ricketts (Republican–NE)
- Rand Paul (Republican–KY)
- Rick Scott (Republican–FL)
- Roger F. Wicker (Republican–MS)
- Roger Marshall (Republican–KS)
- Ron Johnson (Republican–WI)
- Shelley Moore Capito (Republican–WV)
- Steve Daines (Republican–MT)
- Susan M. Collins (Republican–ME)
- Ted Budd (Republican–NC)
- Ted Cruz (Republican–TX)
- Thom Tillis (Republican–NC)
- Tim Scott (Republican–SC)
- Tim Sheehy (Republican–MT)
- Todd Young (Republican–IN)
- Tom Cotton (Republican–AR)
- Tommy Tuberville (Republican–AL)
Nay (47)
- Adam B. Schiff (Democrat–CA)
- Alex Padilla (Democrat–CA)
- Amy Klobuchar (Democrat–MN)
- Andy Kim (Democrat–NJ)
- Angela D. Alsobrooks (Democrat–MD)
- Angus S. King, Jr. (Independent–ME)
- Ben Ray Luján (Democrat–NM)
- Bernard Sanders (Independent–VT)
- Brian Schatz (Democrat–HI)
- Catherine Cortez Masto (Democrat–NV)
- Charles E. Schumer (Democrat–NY)
- Chris Van Hollen (Democrat–MD)
- Christopher A. Coons (Democrat–DE)
- Christopher Murphy (Democrat–CT)
- Cory A. Booker (Democrat–NJ)
- Edward J. Markey (Democrat–MA)
- Elissa Slotkin (Democrat–MI)
- Elizabeth Warren (Democrat–MA)
- Gary C. Peters (Democrat–MI)
- Jack Reed (Democrat–RI)
- Jacky Rosen (Democrat–NV)
- Jeanne Shaheen (Democrat–NH)
- Jeff Merkley (Democrat–OR)
- John Fetterman (Democrat–PA)
- John W. Hickenlooper (Democrat–CO)
- Jon Ossoff (Democrat–GA)
- Josh Hawley (Republican–MO)
- Kirsten E. Gillibrand (Democrat–NY)
- Lisa Blunt Rochester (Democrat–DE)
- Margaret Wood Hassan (Democrat–NH)
- Maria Cantwell (Democrat–WA)
- Mark R. Warner (Democrat–VA)
- Martin Heinrich (Democrat–NM)
- Mazie K. Hirono (Democrat–HI)
- Michael F. Bennet (Democrat–CO)
- Patty Murray (Democrat–WA)
- Peter Welch (Democrat–VT)
- Raphael G. Warnock (Democrat–GA)
- Richard Blumenthal (Democrat–CT)
- Richard J. Durbin (Democrat–IL)
- Ron Wyden (Democrat–OR)
- Ruben Gallego (Democrat–AZ)
- Sheldon Whitehouse (Democrat–RI)
- Tammy Baldwin (Democrat–WI)
- Tammy Duckworth (Democrat–IL)
- Tim Kaine (Democrat–VA)
- Tina Smith (Democrat–MN)
Not Voting (2)
- Cynthia M. Lummis (Republican–WY)
- Mark Kelly (Democrat–AZ)
Party labels reflect each member’s most recent affiliation on record.