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    <number>120</number>
    <updateDate>2025-05-27T14:12:00Z</updateDate>
    <updateDateIncludingText>2025-05-27T14:12:00Z</updateDateIncludingText>
    <originChamber>House</originChamber>
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    <type>HJRES</type>
    <introducedDate>2024-03-22</introducedDate>
    <congress>118</congress>
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      <constitutionalAuthorityStatementText>&lt;pre&gt;[Congressional Record Volume 170, Number 51 (Friday, March 22, 2024)][House]From the Congressional Record Online through the Government Publishing Office [&lt;a href="https://www.gpo.gov"&gt;www.gpo.gov&lt;/a&gt;]By Ms. HILL:H.J. Res. 120.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8 of the United States Constitution.The single subject of this legislation is:Providing for congressional disapproval under chapter 8 oftitle 5, United States Code, of the rule submitted by theFinancial Stability Oversight Council related to ``Guidanceon Nonbank Financial Company Determinations''[Page H1499]&lt;/pre&gt;</constitutionalAuthorityStatementText>
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        <text>Ordered to be Reported by the Yeas and Nays: 28 - 22.</text>
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        <fullName>Rep. Hill, J. French [R-AR-2]</fullName>
        <firstName>J.</firstName>
        <lastName>Hill</lastName>
        <party>R</party>
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        <fullName>Rep. Luetkemeyer, Blaine [R-MO-3]</fullName>
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        <party>R</party>
        <state>MO</state>
        <district>3</district>
        <sponsorshipDate>2024-04-15</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
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        <fullName>Rep. Wagner, Ann [R-MO-2]</fullName>
        <firstName>Ann</firstName>
        <lastName>Wagner</lastName>
        <party>R</party>
        <state>MO</state>
        <district>2</district>
        <sponsorshipDate>2024-04-15</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
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        <fullName>Rep. Barr, Andy [R-KY-6]</fullName>
        <firstName>Andy</firstName>
        <lastName>Barr</lastName>
        <party>R</party>
        <state>KY</state>
        <district>6</district>
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        <bioguideId>H001058</bioguideId>
        <fullName>Rep. Huizenga, Bill [R-MI-4]</fullName>
        <firstName>Bill</firstName>
        <lastName>Huizenga</lastName>
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        <state>MI</state>
        <district>4</district>
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        <fullName>Rep. Meuser, Daniel [R-PA-9]</fullName>
        <firstName>Daniel</firstName>
        <lastName>Meuser</lastName>
        <party>R</party>
        <state>PA</state>
        <district>9</district>
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        <fullName>Rep. Fitzgerald, Scott [R-WI-5]</fullName>
        <firstName>Scott</firstName>
        <lastName>Fitzgerald</lastName>
        <party>R</party>
        <state>WI</state>
        <district>5</district>
        <sponsorshipDate>2024-04-15</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
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        <bioguideId>D000032</bioguideId>
        <fullName>Rep. Donalds, Byron [R-FL-19]</fullName>
        <firstName>Byron</firstName>
        <lastName>Donalds</lastName>
        <party>R</party>
        <state>FL</state>
        <district>19</district>
        <sponsorshipDate>2024-04-15</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>H001093</bioguideId>
        <fullName>Rep. Houchin, Erin [R-IN-9]</fullName>
        <firstName>Erin</firstName>
        <lastName>Houchin</lastName>
        <party>R</party>
        <state>IN</state>
        <district>9</district>
        <sponsorshipDate>2024-04-15</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
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        <bioguideId>O000175</bioguideId>
        <fullName>Rep. Ogles, Andrew [R-TN-5]</fullName>
        <firstName>Andrew</firstName>
        <lastName>Ogles</lastName>
        <party>R</party>
        <state>TN</state>
        <district>5</district>
        <sponsorshipDate>2024-04-15</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>W000816</bioguideId>
        <fullName>Rep. Williams, Roger [R-TX-25]</fullName>
        <firstName>Roger</firstName>
        <lastName>Williams</lastName>
        <party>R</party>
        <state>TX</state>
        <district>25</district>
        <sponsorshipDate>2024-04-19</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
    </cosponsors>
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      <item>
        <pubDate>2024-11-01T20:22:00Z</pubDate>
        <title>H.J. Res. 120, a joint resolution providing for Congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Financial Stability Oversight Council related to “Guidance on Nonbank Financial Company Determinations”</title>
        <url>https://www.cbo.gov/publication/60892</url>
        <description>As ordered reported by the House Committee on Financial Services on April 17, 2024</description>
      </item>
    </cboCostEstimates>
    <policyArea>
      <name>Finance and Financial Sector</name>
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      <legislativeSubjects>
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          <name>Financial crises and stabilization</name>
          <updateDate>2024-10-30T14:59:27Z</updateDate>
        </item>
        <item>
          <name>Financial services and investments</name>
          <updateDate>2024-10-30T14:59:37Z</updateDate>
        </item>
        <item>
          <name>Legislative rules and procedure</name>
          <updateDate>2024-10-30T14:59:14Z</updateDate>
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      <policyArea>
        <name>Finance and Financial Sector</name>
        <updateDate>2024-03-25T19:00:20Z</updateDate>
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        <actionDate>2024-03-22</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2024-10-15T15:19:02Z</updateDate>
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          <text>&lt;p&gt;This joint resolution nullifies the guidance issued by the Financial Stability Oversight Council titled &lt;em&gt;Guidance on Nonbank Financial Company Determinations&lt;/em&gt; and published on November 17, 2023. The guidance revises council procedures for considering whether a nonbank financial company must be supervised by the Federal Reserve and subject to enhanced prudential standards.&lt;/p&gt;&lt;!--tinycomments|2.1|data:application/json;base64,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--&gt;</text>
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    </summaries>
    <title>Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Financial Stability Oversight Council related to "Guidance on Nonbank Financial Company Determinations".</title>
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        <title>Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Financial Stability Oversight Council related to "Guidance on Nonbank Financial Company Determinations".</title>
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        <title>Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Financial Stability Oversight Council related to "Guidance on Nonbank Financial Company Determinations".</title>
        <updateDate>2024-03-23T08:14:19Z</updateDate>
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            <url>https://www.govinfo.gov/content/pkg/BILLS-118hjres120rh/xml/BILLS-118hjres120rh.xml</url>
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      <actionDate>2024-12-03</actionDate>
      <text>Placed on the Union Calendar, Calendar No. 653.</text>
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    <dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.</dc:description>
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