A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of the Treasury relating to "Regulatory Capital Rule: Modifications to the Enhanced Supplementary Leverage Ratio Standards for U.S. Global Systemically Important Bank Holding Companies and Their Subsidiary Depository Institutions; Total Loss-Absorbing Capacity and Long-Term Debt Requirements for U.S. Global Systemically Important Bank Holding Companies".

This joint resolution proposes to exercise congressional disapproval, under chapter 8 of title 5, United States Code, to nullify a specific rule submitted by the Department of the Treasury. The resolution explicitly states that Congress disapproves of the rule, which would then have no force or effect. The targeted rule, officially titled "Regulatory Capital Rule: Modifications to the Enhanced Supplementary Leverage Ratio Standards for U.S. Global Systemically Important Bank Holding Companies and Their Subsidiary Depository Institutions; Total Loss-Absorbing Capacity and Long-Term Debt Requirements for U.S. Global Systemically Important Bank Holding Companies," pertains to crucial financial regulations. These regulations involve adjustments to capital requirements , leverage ratios , and debt standards for the largest and most interconnected U.S. banks. By passing this resolution, Congress would effectively block the implementation of these proposed modifications, maintaining the existing regulatory framework for these institutions.