NEGATIVE Money in Politics & Finance 119th Congress

S.J.Res.28 CRA: CFPB Digital Payment Apps Rule

Overturns CFPB supervisory authority over large digital payment apps like Venmo and Cash App, removing consumer protections (119th Congress)

View on Congress.gov

Legal & Constitutional Grounding

CFPB rule protects consumers in $2T digital payment market under 12 USC 5514; documented unauthorized transactions justify oversight.

12 U.S.C. § 5514 — Consumer Financial Protection Act: CFPB supervisory authority over nonbank financial companies

CFPB Report (2024): $2 trillion in digital payment transactions annually; documented unauthorized transactions and data breaches
5 U.S.C. § 801 — Congressional Review Act disapproval mechanism

Bill activity

Introduced Feb 27, 2025 by Pete Ricketts (R-NE) with 1 original cosponsor. 5 cosponsors as of Mar 4, 2025. Passed the Senate Mar 5, 2025, 51-47. Passed the House Apr 9, 2025, 219-211. Became Public Law 119-11 on May 9, 2025.

Reached the House floor under a special rule from the Rules Committee (H.Res.294).
Reached the Senate floor on a motion to proceed.

Rep. Pat Ryan (D-NY-18) is not listed among the cosponsors of this joint resolution. Rep. Pat Ryan (D-NY-18) voted nay on the House roll call counted in grades (roll no. 95, Apr 9, 2025).

IntroducedFeb 27, 2025
Passed SenateMar 5, 2025
Passed HouseApr 9, 2025
To PresidentMay 5, 2025
Became LawMay 9, 2025

Latest action May 9, 2025: Became Public Law No: 119-11.

5 cosponsors (1 original):

Ted Budd (R-NC) original
Bill Hagerty (R-TN) Mar 3, 2025
Jim Banks (R-IN) Mar 3, 2025
Deb Fischer (R-NE) Mar 4, 2025
Tim Scott (R-SC) Mar 4, 2025

Senate measure (119th Congress): after introduction, senators are added as cosponsors by unanimous consent.

Activity log

Source: Congress.gov actions

February 2025
Feb 27
Introduced in Senate
Feb 27
Read twice and referred to the Senate Committee on Banking, Housing, and Urban Affairs.Senate
Feb 27
Ted Budd cosponsored (R-NC, original)
March 2025
Mar 3
2 members cosponsored
- Bill Hagerty R-TN
- Jim Banks R-IN
Mar 4
Placed on Senate Legislative Calendar under General Orders. Calendar No. 20.Senate
Mar 4
Senate floor day: 1 recorded vote (3 steps)
Congress.gov lists Senate floor actions without times of day, so the order of steps without a roll-call number is reconstructed from the action list.
1. Senate Committee on Banking, Housing, and Urban Affairs discharged, by petition, pursuant to 5 U.S.C. 802(c).
2. Motion to proceed to consideration of measure agreed to in Senate by Yea-Nay Vote. 50 - 47. Record Vote Number: 103. (CR S1489)
3. Measure laid before Senate by motion.
Mar 4
2 members cosponsored
- Deb Fischer R-NE
- Tim Scott R-SC
Mar 5
Considered by Senate.Senate
Mar 5
Senate vote: Passage of the joint resolution
Passed, 51-47
Member breakdown · Official Senate roll call 106
Mar 6
Message on Senate action sent to the House.Senate
Mar 10
Received in the HouseHouse
Mar 10
Held at the DeskHouse
April 2025
Apr 1
House floor day: vote on the rule (H.Res.282) (5 steps)
1. 10:03 amRules Committee Resolution H. Res. 282 Reported to House. Rule provides for consideration of H.R. 22, H.R. 1526, S.J. Res. 18 and S.J. Res. 28. The resolution provides for consideration of H.R. 22, H.R. 1526, S.J. Res. 18, and...
2. 1:58 pmOn ordering the previous question Agreed to by the Yeas and Nays: 215 - 213 (Roll no. 86).
3. 2:16 pmFailed of passage/not agreed to in House On agreeing to the resolution Failed by recorded vote: 206 - 222 (Roll no. 87).
4. 2:16 pmOn agreeing to the resolution Failed by recorded vote: 206 - 222 (Roll no. 87).
5. 2:16 pmRule H. Res. 282 failed passage of House.
Apr 7
Rules Committee Resolution H. Res. 294 Reported to House.
Apr 9
House floor day: passage (7 steps)
1. 12:24 pmConsidered under the provisions of rule H. Res. 294.
2. 12:24 pmRule provides for consideration of S.J. Res. 18, S.J. Res. 28, H.R. 1526 and H.R. 22. The resolution provides for consideration of H.R. 22, H.R. 1526, S.J. Res. 18, and S.J. Res. 28 under a closed rule. The resolution provides...
3. 12:24 pmDEBATE - The House proceeded with one hour of debate on S.J. Res. 28.
4. 1:06 pmThe previous question was ordered pursuant to the rule.
5. 1:07 pmPOSTPONED PROCEEDINGS - At the conclusion of debate on S.J. Res. 28, the Chair put the question on passage of the joint resolution and by voice vote, announced that the ayes had prevailed. Mr. Hill (AR) demanded the yeas and...
6. 4:13 pmConsidered as unfinished business.
7. 4:20 pmOn passage Passed by the Yeas and Nays: 219 - 211 (Roll no. 95).
Apr 9
House vote: Passage of the joint resolutionCounted in grades
Passed, 219-211
Member breakdown · Official House roll call 95
Apr 9
Motion to reconsider laid on the table Agreed to without objection.House
May 2025
May 5
Presented to President
May 9
Signed by President
May 9
Became Public Law No: 119-11

Votes on this joint resolution

7 votes: 7 recorded roll calls and 0 decided without a recorded vote, 0 of them on amendments. Votes counted in grades are marked.

Mar 4, 2025SenateMotion to proceed (bring the bill to the floor)Motion to proceed to consideration of measure agreed to in Senate by Yea-Nay Vote. 50 - 47. Record Vote Number: 103. (CR S1489)Agreed to50-47n/a

Party	Yea	Nay	Not voting
Democratic	0	44	1
Republican	50	1	2
Independent	0	2	0
Total	50	47	3

Official Senate roll call

Mar 5, 2025SenatePassage of the joint resolutionPassed Senate without amendment by Yea-Nay Vote. 51 - 47. Record Vote Number: 106.Passed51-47n/a

Party	Yea	Nay	Not voting
Democratic	0	44	1
Republican	51	1	1
Independent	0	2	0
Total	51	47	2

Official Senate roll call

Apr 1, 20251:58 pmHouseVote to end debate on the rule (ordering the previous question)
H.Res.282On ordering the previous question Agreed to by the Yeas and Nays: 215 - 213 (Roll no. 86).Agreed to215-213Nay

Party	Yea	Nay	Not voting
Democratic	0	213	0
Republican	215	0	3
Independent	0	0	0
Total	215	213	3

Official House roll call

Apr 1, 20252:16 pmHouseVote on the rule (H.Res.282)On agreeing to the resolution Failed by recorded vote: 206 - 222 (Roll no. 87).Failed206-222Nay

Party	Yea	Nay	Not voting
Democratic	0	213	0
Republican	206	9	3
Independent	0	0	0
Total	206	222	3

Official House roll call

Apr 8, 20253:14 pmHouseVote to end debate on the rule (ordering the previous question)
H.Res.294On ordering the previous question Agreed to by the Yeas and Nays: 213 - 211 (Roll no. 91).Agreed to213-211Nay

Party	Yea	Nay	Not voting
Democratic	0	211	2
Republican	213	0	7
Independent	0	0	0
Total	213	211	9

Official House roll call

Apr 8, 20253:23 pmHouseVote on the rule (H.Res.294)On agreeing to the resolution Agreed to by recorded vote: 213 - 211 (Roll no. 92).Agreed to213-211Nay

Party	Yea	Nay	Not voting
Democratic	0	210	3
Republican	213	1	6
Independent	0	0	0
Total	213	211	9

Official House roll call

Apr 9, 20254:20 pmHousePassage of the joint resolutionCounted in gradesOn passage Passed by the Yeas and Nays: 219 - 211 (Roll no. 95).Passed219-211Nay

Counted in grades

Party	Yea	Nay	Not voting
Democratic	0	211	2
Republican	219	0	1
Independent	0	0	0
Total	219	211	3

Official House roll call

CRA to block CFPB digital payment consumer protections. The CFPB rule protects consumers in the $2 trillion digital payment market from documented unauthorized transactions and data breaches.