# S.J.Res. 28 (119th): 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

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.

## How this bill is scored

Tier: no Tier 1 record. A bill with no record cannot newly become Tier 1.
Lane: cfpb. Category: not stored. Lane tag: not stored.
Lane: consumer_protection. Category: not stored. Lane tag: not stored.
Lane: digital_payments. Category: not stored. Lane tag: not stored.
Lane: financial_regulation. Category: not stored. Lane tag: not stored.
Lane: payment_apps. Category: not stored. Lane tag: not stored.
Lane: regulatory_disapproval. 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 95: On Passage. Vote type: final_passage.
Roll 103: On the Motion to Proceed S.J.Res. 28. Vote type: cloture.
Roll 106: On the Joint Resolution S.J.Res. 28. Vote type: final_passage.
Polarity rationale: Reviewed enrichment (llm_import) polarity: The bill is a Congressional Review Act disapproval that would remove federal supervisory oversight of large nonbank payment apps. It may restrain federal regulatory overreach and reduce compliance burden, while also removing a consumer-protection oversight mechanism. This is a prudential governance dispute with real goods on both sides rather than a direct advancement or restraint of a named moral harm.
Theological note: The issue touches stewardship of honest commerce, fair dealing with consumers, and the proper bounds of federal regulatory authority. Scripture supports just weights and honest dealing, but the measure turns on a prudential question about how much federal supervision large payment providers should face, so it does not by itself warrant a hard moral verdict.

## Recorded votes

Roll 95: On Passage. Yea 219 · Nay 211 · Other 3.
Roll 103: On the Motion to Proceed S.J.Res. 28. Yea 50 · Nay 47 · Other 3.
Roll 106: On the Joint Resolution S.J.Res. 28. Yea 51 · Nay 47 · Other 2.

HTML: https://justmeasure.org/bill/sjres-28-119/