S.J.Res. 28 · 119th Congress · enacted
A joint resolution disapproving 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".
Became Public Law No: 119-11.
Latest official action 2025-05-09 · Enacted
The bill, briefly
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.
Congressional Research Service · 2025-05-09
Who reported lobbying on this bill?
Amount spent specifically on this bill: not disclosed
The reports below name this bill and disclose an organization’s overall lobbying expenses or a firm’s client income for the period. They can cover many bills and issues. These amounts are not payments to the bill or its politicians.
No matching lobbying report is imported yet. This is not evidence that no lobbying occurred.
2,409 latest lobbying reports imported. Some source imports are still in progress.
Politicians behind the bill
Sponsors and cosponsors from the official source, limited to members currently in office. Campaign amounts are cycle-wide and are not payments for this bill.
Sponsor
Pete Ricketts
Senate · NE · Republican
$1,927,397PAC receipts · 2025–2026
Cosponsor
Ted Budd
Senate · NC · Republican
$302,250PAC receipts · 2025–2026
Cosponsor
Jim Banks
Senate · IN · Republican
$553,626PAC receipts · 2025–2026
Cosponsor
Bill Hagerty
Senate · TN · Republican
$1,546,406PAC receipts · 2025–2026
Cosponsor
Deb Fischer
Senate · NE · Republican
$357,755PAC receipts · 2025–2026
Cosponsor
Tim Scott
Senate · SC · Republican
$205,300PAC receipts · 2025–2026
5 of 5 source cosponsor records retrieved; only current officials and unwithdrawn sponsorships appear.
PAC donors to the listed sponsors
These are all-cycle contributions to the listed sponsors’ and cosponsors’ campaigns. FEC does not attribute them to this bill. A donation plus sponsorship does not establish why a politician acted.
MORTGAGE BANKERS ASSOCIATION POLITICAL ACTION COMMITTEE (MORPAC)$31,750
ERNST & YOUNG POLITICAL ACTION COMMITTEE$28,000
Pete Ricketts · Sponsor · $10,000
Ted Budd · Cosponsor · $3,000
Bill Hagerty · Cosponsor · $10,000
Tim Scott · Cosponsor · $5,000
Official PAC recordIN THE ARENA PAC$27,500
Pete Ricketts · Sponsor · $5,000
Ted Budd · Cosponsor · $5,000
Jim Banks · Cosponsor · $5,000
Bill Hagerty · Cosponsor · $7,500
Tim Scott · Cosponsor · $5,000
Official PAC recordAFLAC POLITICAL ACTION COMMITTEE (AFLAC PAC)$25,000
Pete Ricketts · Sponsor · $7,500
Jim Banks · Cosponsor · $2,500
Bill Hagerty · Cosponsor · $10,000
Deb Fischer · Cosponsor · $2,500
Tim Scott · Cosponsor · $2,500
Official PAC recordNATIONAL PORK PRODUCERS COUNCIL PORK PAC$25,000
Pete Ricketts · Sponsor · $5,000
Ted Budd · Cosponsor · $10,000
Deb Fischer · Cosponsor · $10,000
Official PAC recordCITIGROUP INC. PAC - FEDERAL (CITI PAC - FEDERAL)$24,500
Pete Ricketts · Sponsor · $10,000
Ted Budd · Cosponsor · $2,500
Jim Banks · Cosponsor · $5,000
Bill Hagerty · Cosponsor · $7,000
Official PAC recordNUCOR CORPORATION POLITICAL ACTION COMMITTEE$24,000
Pete Ricketts · Sponsor · $10,000
Ted Budd · Cosponsor · $5,000
Jim Banks · Cosponsor · $2,500
Bill Hagerty · Cosponsor · $4,500
Deb Fischer · Cosponsor · $2,000
Official PAC recordDELTA AIR LINES PAC$22,500
Pete Ricketts · Sponsor · $10,000
Bill Hagerty · Cosponsor · $10,000
Tim Scott · Cosponsor · $2,500
Official PAC recordGENERAL MOTORS COMPANY POLITICAL ACTION COMMITTEE (GM PAC)$22,500
Pete Ricketts · Sponsor · $10,000
Ted Budd · Cosponsor · $2,500
Bill Hagerty · Cosponsor · $10,000
Official PAC recordHDR, INC. EMPLOYEE OWNERS PAC$22,500
Pete Ricketts · Sponsor · $10,000
Jim Banks · Cosponsor · $2,500
Deb Fischer · Cosponsor · $10,000
Official PAC recordNATIONAL SHOOTING SPORTS FOUNDATION, INC. POLITICAL ACTION COMMITTEE (NSSF PAC)$21,255
Pete Ricketts · Sponsor · $10,000
Jim Banks · Cosponsor · $5,000
Bill Hagerty · Cosponsor · $2,500
Deb Fischer · Cosponsor · $3,755
Official PAC recordNORPAC$20,600
Jim Banks · Cosponsor · $20,600
Official PAC recordAMAZON.COM SERVICES LLC SEPARATE SEGREGATED FUND (AMAZON PAC)$20,500
Pete Ricketts · Sponsor · $6,500
Ted Budd · Cosponsor · $5,000
Jim Banks · Cosponsor · $1,500
Bill Hagerty · Cosponsor · $5,000
Deb Fischer · Cosponsor · $2,500
Official PAC recordALABAMA FIRST PAC$20,000
ALAMO PAC$20,000
AMERICAN BANKERS ASSOCIATION PAC (BANKPAC)$20,000
AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS POLITICAL ACTION COMMITTEE$20,000
ARKANSAS FOR LEADERSHIP POLITICAL ACTION COMMITTEE (ARKPAC)$20,000
BEST AT BRINGING ENTREPRENEURIAL RESULTS NEVER IMAGINED OR ENVISIONED PAC$20,000
BIG SKY OPPORTUNITY PAC$20,000
Pete Ricketts · Sponsor · $10,000
Jim Banks · Cosponsor · $5,000
Bill Hagerty · Cosponsor · $5,000
Official PAC recordBUILDING UP DEMOCRACY'S DREAM$20,000
COMMON SENSE FOR AMERICA PAC$20,000
CONSERVATIVES HARVESTING SUCCESS PAC$20,000
FREEDOM FUND$20,000
GENERAL DYNAMICS CORPORATION POLITICAL ACTION COMMITTEE (GENERAL DYNAMICS EMPLOYEE PAC)$20,000
HEARTLAND VALUES PAC$20,000
JOBS OPPORTUNITY NOW POLITICAL ACTION COMMITTEE$20,000
JOBS, FREEDOM, AND SECURITY PAC$20,000
LETS GET TO WORK PAC$20,000
NATIONAL ASSOCIATION OF MUTUAL INSURANCE COMPANIES PAC$20,000
Pete Ricketts · Sponsor · $10,000
Jim Banks · Cosponsor · $5,000
Bill Hagerty · Cosponsor · $5,000
Official PAC recordNATIONAL STONE, SAND & GRAVEL ASSOCIATION ROCKPAC$20,000
NEBRASKA SANDHILLS PAC$20,000
OORAH! POLITICAL ACTION COMMITTEE$20,000
SECURITIES INDUSTRY AND FINANCIAL MARKETS ASSOCIATION POLITICAL ACTION COMMITTEE$20,000
Pete Ricketts · Sponsor · $4,500
Ted Budd · Cosponsor · $1,000
Jim Banks · Cosponsor · $1,500
Bill Hagerty · Cosponsor · $5,500
Tim Scott · Cosponsor · $7,500
Official PAC recordTOMORROW IS MEANINGFUL PAC$20,000
UNION PACIFIC CORP. FUND FOR EFFECTIVE GOVERNMENT$20,000
WILD AND WONDERFUL PAC$20,000
AMERICAN ISRAEL PUBLIC AFFAIRS COMMITTEE POLITICAL ACTION COMMITTEE$19,488
DELOITTE POLITICAL ACTION COMMITTEE$19,000
MANAGED FUNDS ASSOCIATION POLITICAL ACTION COMMITTEE$19,000
The largest 40 donor totals appear here. Open each politician for their complete, paginated PAC donor list.
What happened after enactment?
Dated agency-reported implementation and uptake measures are shown with their scope. They do not by themselves establish causal success. If no evidence is listed, the outcome is not established.
Measured outcome: not established
Enactment alone does not show whether a law improved its intended outcome. We need a dated evaluation, observed result or verified implementation record before claiming success or failure.