H.J.Res. 64
Referred to CommitteeDisapproving 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".
Latest Action
Referred to the House Committee on Financial Services.
2/27/2025 • House
Summary
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.
Introduced in House • 2/27/2025
Topics & Subjects
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Related Federal Spending
Sponsor & Cosponsors (8)
Party Breakdown
Sponsor
Cosponsors (7)
Bill Journey
Originated in the House
Introduced
February 27, 2025
Referred to the House Committee on Financial Services.
Committee Review
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law
Text Versions (1)
Details
Sources and method
· Congress.gov, CRS, USAspending, FEC, LDA · Record updated Jul 27, 2026
- Congress.govLibrary of CongressStatus, actions, sponsors, cosponsors, committees and textRecord updated Jul 27, 2026 · Loaded Oct 23, 2026, 1:15 AM ET
- CRS bill summaryCongressional Research Service, via Congress.govOfficial summarySummary of the “Introduced in House” version, Feb 27, 2025 · Loaded Oct 23, 2026, 1:15 AM ET
- USAspending.govU.S. Department of the TreasuryRelated Federal Spending section
- FEC filingsFederal Election CommissionFunding & Lobbying section
- Lobbying disclosures (LDA)Secretary of the Senate and Clerk of the HouseFunding & Lobbying section
All sources: Public domain (17 U.S.C. § 105) · Method: Data sources → · Campaign finance →
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