A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Office of the Comptroller of the Currency of the Department of the Treasury relating to the review of applications under the Bank Merger Act.

This joint resolution, enacted under the Congressional Review Act, formally expresses congressional disapproval of a specific rule issued by the Office of the Comptroller of the Currency (OCC) within the Department of the Treasury. The rule in question pertains to "Business Combinations Under the Bank Merger Act" and was published in the Federal Register on September 25, 2024. This legislative action directly targets the OCC's regulatory authority in this area.

As a direct consequence of this legislative action, the OCC's rule concerning the review of applications under the Bank Merger Act is effectively nullified. This means the disapproved rule will have no force or effect, preventing its implementation and ensuring it does not govern future bank merger processes. The resolution thus prevents the agency from enacting its proposed changes to the bank merger review process.