Floor SpeechNeutral2025-03-26

DISAPPROVING THE RULE SUBMITTED BY THE BUREAU OF CONSUMER FINANCIAL PROTECTION RELATING TO "OVERDRAFT LENDING: VERY LARGE FINANCIAL INSTITUTIONS"--Motion to Proceed

Foreign Policy

Context

On 2025-03-26, Senator Kevin Cramer (R-ND) delivered a floor speech titled "DISAPPROVING THE RULE SUBMITTED BY THE BUREAU OF CONSUMER FINANCIAL PROTECTION RELATING TO "OVERDRAFT LENDING: VERY LARG" in the Senate. The speech addressed foreign policy. It referenced legislation including S1864, SJRES18.

Full Text

DISAPPROVING THE RULE SUBMITTED BY THE BUREAU OF CONSUMER FINANCIAL PROTECTION RELATING TO "OVERDRAFT LENDING: VERY LARGE FINANCIAL INSTITUTIONS"--Motion to Proceed

Congressional Record, Volume 171 Issue 55 (Wednesday, March 26, 2025) [Congressional Record Volume 171, Number 55 (Wednesday, March 26, 2025)] [Senate] [Page S1864] From the Congressional Record Online through the Government Publishing Office [ www.gpo.gov ] DISAPPROVING THE RULE SUBMITTED BY THE BUREAU OF CONSUMER FINANCIAL PROTECTION RELATING TO ``OVERDRAFT LENDING: VERY LARGE FINANCIAL INSTITUTIONS''--Motion to Proceed Mr. CRAMER. Mr. President, I move to proceed to Calendar No. 34, S.J. Res. 18. The PRESIDING OFFICER. The clerk will report the motion. The bill clerk read as follows: Motion to proceed to Calendar No. 34, S.J. Res. 18, a joint resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to ``Overdraft Lending: Very Large Financial Institutions''. Vote on Motion to Proceed The PRESIDING OFFICER. The question is on agreeing to the motion. Mr. CRUZ. Mr. President, I ask for the yeas and nays. The PRESIDING OFFICER. Is there a sufficient second? There appears to be a sufficient second. The clerk will call the roll. The senior assistant legislative clerk called the roll. Mr. DURBIN. I announce that the Senator from Hawaii (Mr. Schatz) is necessarily absent. The result was announced--yeas 52, nays 47, as follows: [Rollcall Vote No. 152 Leg.] YEAS--52 Banks Barrasso Blackburn Boozman Britt Budd Capito Cassidy Collins Cornyn Cotton Cramer Crapo Cruz Curtis Daines Ernst Fischer Graham Grassley Hagerty Hoeven Husted Hyde-Smith Johnson Justice Kennedy Lankford Lee Lummis Marshall McConnell McCormick Moody Moran Moreno Mullin Murkowski Paul Ricketts Risch Rounds Schmitt Scott (FL) Scott (SC) Sheehy Sullivan Thune Tillis Tuberville Wicker Young NAYS--47 Alsobrooks Baldwin Bennet Blumenthal Blunt Rochester Booker Cantwell Coons Cortez Masto Duckworth Durbin Fetterman Gallego Gillibrand Hassan Hawley Heinrich Hickenlooper Hirono Kaine Kelly Kim King Klobuchar Lujan Markey Merkley Murphy Murray Ossoff Padilla Peters Reed Rosen Sanders Schiff Schumer Shaheen Slotkin Smith Van Hollen Warner Warnock Warren Welch Whitehouse Wyden NOT VOTING--1 Schatz The PRESIDING OFFICER (Mr. Ricketts). On this vote, the yeas are 52, the nays are 47, and the motion is agreed to. The motion was agreed to. ____________________

Referenced legislation: SJRES18, SJRES18

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DISAPPROVING THE RULE SUBMITTED BY THE BUREAU OF CONSUMER FINANCIAL PROTECTION RELATING TO "OVERDRAFT LENDING: VERY LARGE FINANCIAL INSTITUTIONS"--Motion to Proceed Congressional Record, Volume 171 Issue 55 (Wednesday, March 26, 2025) [Congressional Record Volume 171, Number 55 (Wednesday, March 26, 2025)] [Senate] [Page S1864] From the Congressional Record Online through the Government Publishing Office [ www.gpo.gov ] DISAPPROVING THE RULE SUBMITTED BY THE BUREAU OF CONSUMER FINANCIAL PROTECTION RELATING TO ``OVERDRAFT LENDING: VERY LARGE FINANCIAL INSTITUTIONS''--Motion to Proceed Mr. CRAMER. Mr. President, I move to proceed to Calendar No. 34, S.J. Res. 18. The PRESIDING OFFICER. The clerk will report the motion. The bill clerk read as follows: Motion to proceed to Calendar No. 34, S.J. Res. 18, a joint resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to ``Overdraft Lending: Very Large Financial Institutions''. Vote on Motion to Proceed The PRESIDING OFFICER. The question is on agreeing to the motion. Mr. CRUZ. Mr. President, I ask for the yeas and nays. The PRESIDING OFFICER. Is there a sufficient second? There appears to be a sufficient second. The clerk will call the roll. The senior assistant legislative clerk called the roll. Mr. DURBIN. I announce that the Senator from Hawaii (Mr. Schatz) is necessarily absent. The result was announced--yeas 52, nays 47, as follows: [Rollcall Vote No. 152 Leg.] YEAS--52 Banks Barrasso Blackburn Boozman Britt Budd Capito Cassidy Collins Cornyn Cotton Cramer Crapo Cruz Curtis Daines Ernst Fischer Graham Grassley Hagerty Hoeven Husted Hyde-Smith Johnson Justice Kennedy Lankford Lee Lummis Marshall McConnell McCormick Moody Moran Moreno Mullin Murkowski Paul Ricketts Risch Rounds Schmitt Scott (FL) Scott (SC) Sheehy Sullivan Thune Tillis Tuberville Wicker Young NAYS--47 Alsobrooks Baldwin Bennet Blumenthal Blunt Rochester Booker Cantwell Coons Cortez Masto Duckworth Durbin Fetterman Gallego Gillibrand Hassan Hawley Heinrich Hickenlooper Hirono Kaine Kelly Kim King Klobuchar Lujan Markey Merkley Murphy Murray Ossoff Padilla Peters Reed Rosen Sanders Schiff Schumer Shaheen Slotkin Smith Van Hollen Warner Warnock Warren Welch Whitehouse Wyden NOT VOTING--1 Schatz The PRESIDING OFFICER (Mr. Ricketts). On this vote, the yeas are 52, the nays are 47, and the motion is agreed to. The motion was agreed to. ____________________ Referenced legislation: SJRES18, SJRES18