Declares that Congress disapproves the rule submitted by the Comptroller of the Currency relating to: (1) preemption of State law regarding national banks' deposit taking and lending activities; and (2) certain anti-predatory lending standards for national banks.
Declares that such rule shall have no force or effect.
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Introduced in Senate
Sponsor introductory remarks on measure. (CR S3944-3945)
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S3945)
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