H.R.es426 - Providing for consideration of the joint resolution (S.J. Res. 13) providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Office of the Comptroller of the Currency of the Department of the Treasury relating to the review of applications under the Bank Merger Act; providing for consideration of the joint resolution (S.J. Res. 31) providing for congressional disapproval under chapter 8 of title 5, United States Code, of the…
Summary
H.Res. 426 is a resolution providing for the consideration of two joint resolutions: S.J. Res. 13, concerning a rule by the Office of the Comptroller of the Currency (OCC) regarding Bank Merger Act applications, and S.J. Res. 31, concerning an Environmental Protection Agency (EPA) rule on reclassifying major sources under the Clean Air Act. The resolution also waives a requirement related to considering certain resolutions reported from the Committee on Rules.
Expected Effects
If adopted, this resolution will allow the House to debate and vote on disapproving the OCC rule on bank mergers and the EPA rule on air quality. This could lead to the overturning of these agency rules if both houses of Congress agree and the President does not veto the disapproval resolutions.
Potential Benefits
- Streamlined legislative process for considering resolutions.
- Allows Congress to review and potentially overturn agency regulations.
- Provides an opportunity for debate on financial and environmental regulations.
- Ensures congressional oversight of executive branch agencies.
- Could lead to changes in banking and environmental policies.
Potential Disadvantages
- May lead to political gridlock if the House and Senate disagree.
- Could result in the overturning of regulations that are beneficial.
- The waiver of certain rules could reduce transparency.
- Potential for increased political influence on regulatory decisions.
- May create uncertainty for businesses and regulated entities.
Constitutional Alignment
This resolution aligns with Article I, Section 1 of the Constitution, which vests all legislative powers in Congress. It also relates to the concept of checks and balances, allowing Congress to oversee and potentially disapprove of executive branch regulations, ensuring no single branch becomes too powerful. The use of the Congressional Review Act (chapter 8 of title 5, United States Code) is a power delegated to Congress.
Impact Assessment: Things You Care About ⓘ
This action has been evaluated across 19 key areas that matter to you. Scores range from 1 (highly disadvantageous) to 5 (highly beneficial).