# S.J.Res. 18 (119th): This joint resolution nullifies the final rule issued by the Consumer Financial Protection Bureau titled Overdraft Lending: Very Large Financial Institutions and published on December 30, 2024

This joint resolution nullifies the final rule issued by the Consumer Financial Protection Bureau titled Overdraft Lending: Very Large Financial Institutions and published on December 30, 2024. The rule revises provisions regarding charges for insufficient funds in a customer’s bank account (i.e., overdrafts) at very large financial institutions. Under the rule, these institutions must (1) cap overdraft charges at $5; (2) with justification, cap charges at a higher amount; or (3) handle overdrafts as credit and comply with applicable Truth in Lending Act disclosure requirements.

## How this bill is scored

Tier: no Tier 1 record. A bill with no record cannot newly become Tier 1.
Lane: banking_regulation. Category: not stored. Lane tag: not stored.
Lane: consumer_protection. Category: not stored. Lane tag: not stored.
Lane: cra_disapproval. Category: not stored. Lane tag: not stored.
Lane: financial_policy. Category: not stored. Lane tag: not stored.
Lane: financial_services. Category: not stored. Lane tag: not stored.
Lane: overdraft_fees. Category: not stored. Lane tag: not stored.
Lane: regulation. Category: not stored. Lane tag: not stored.
Lane: regulatory_oversight. Category: not stored. Lane tag: not stored.
Tier 1 sign-off: no record. A bill with no record cannot newly become Tier 1.
Stored polarity: mixed. Only tags the rules mark scoreable on a mixed bill are scored. A yea can draw a penalty or a credit according to the tag. A nay on a tag scored as good can draw a penalty.
Roll 96: On Passage. Vote type: final_passage.
Roll 152: On the Motion to Proceed S.J.Res. 18. Vote type: cloture.
Roll 153: On the Joint Resolution S.J.Res. 18. Vote type: final_passage.
Polarity rationale: Reviewed enrichment (llm_import) polarity: The measure is a Congressional Review Act disapproval that would remove a federal consumer protection capping or restructuring overdraft fees at very large banks. The underlying rule plausibly protects ordinary consumers from costly, exploitative fees, which is a real justice concern. However, the dispute centers on the appropriate design and scope of financial regulation, a prudential question, and the bill itself does not directly advance moral harm or directly restrain a clearly named evil. Judgment is therefore mixed rather than good or evil.
Theological note: Scripture calls for honest weights, fair dealing, and care for those who are vulnerable to exploitation, so consumer protections against excessive or opaque fees bear on justice in lending. Scripture also affirms lawful commerce and legitimate civil authority, and reasonable people of good conscience disagree about whether this federal rule is the right remedy. The issue is relevant to justice toward ordinary depositors and to the proper limits of regulatory authority, but it does not clearly present a direct moral evil in the bill's text.

## Recorded votes

Roll 96: On Passage. Yea 217 · Nay 211 · Other 5.
Roll 152: On the Motion to Proceed S.J.Res. 18. Yea 52 · Nay 47 · Other 1.
Roll 153: On the Joint Resolution S.J.Res. 18. Yea 52 · Nay 48 · Other 0.

HTML: https://justmeasure.org/bill/sjres-18-119/