A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of the Treasury relating to "Regulatory Capital Rule: Modifications to the Enhanced Supplementary Leverage Ratio Standards for U.S. Global Systemically Important Bank Holding Companies and Their Subsidiary Depository Institutions; Total Loss-Absorbing Capacity and Long-Term Debt Requirements for U.S. Global Systemically Important Bank Holding Companies".
Summary
S.J. Res. 110 is a congressional disapproval resolution under the Congressional Review Act. It would nullify a Department of the Treasury rule issued on December 1, 2025, titled “Regulatory Capital Rule: Modifications to the Enhanced Supplementary Leverage Ratio Standards for U.S. Global Systemically Important Bank Holding Companies and Their Subsidiary Depository Institutions; Total Loss-Absorbing Capacity and Long-Term Debt Requirements for U.S. Global Systemically Important Bank Holding Companies.” If enacted, the resolution would make that Treasury rule have no force or effect.
The underlying rule concerns capital and loss-absorbing requirements for U.S. global systemically important bank holding companies and their subsidiary depository institutions, including changes to enhanced supplementary leverage ratio standards, total loss-absorbing capacity, and long-term debt requirements. The resolution itself does not create new regulatory standards; instead, it seeks to block the Treasury’s changes and preserve the prior regulatory framework unless and until a different rule is adopted.
Impact
This joint resolution would directly affect federal banking regulation by overturning the Treasury Department’s rule and preventing it from taking effect. Its practical impact would be on large, systemically important banking organizations and their subsidiary banks, which would remain subject to the existing capital, leverage, TLAC, and long-term debt requirements rather than the modified standards in the disapproved rule. It would not amend the U.S. Code permanently, but under the Congressional Review Act it would bar the agency from implementing the targeted rule and could limit reissuance of a substantially similar rule without new authorization.
Sentiment
The available record shows the bill was introduced and referred to the Senate Committee on Banking, Housing, and Urban Affairs, but there are no committee transcripts or recorded votes in the provided materials. Based on the text alone, the resolution reflects opposition to the Treasury’s regulatory changes and a preference for blocking them through congressional review. No formal bipartisan or committee sentiment can be determined from the supplied history.
Contention
The central point of contention is the Treasury rule itself: whether the modified leverage, capital, TLAC, and long-term debt requirements for the largest U.S. banking organizations should take effect. Supporters of the resolution would likely argue that Congress should stop the rule from changing prudential standards, while opponents would likely favor allowing Treasury’s revised requirements to proceed as a bank-safety-and-stability measure. Because no debate transcript or vote data is provided, the specific lawmakers or stakeholder groups taking each side are not identified in the record.