The House of Representatives voted along party lines to pass a resolution of disapproval to nullify the Office of the Comptroller of the Currency’s new rule on Community Reinvestment Act (CRA). The Congressional Review Act of 1996 gives Congress the power to rescind administration rules within 60 calendar days. The bill (H.J. Res 90) would need to be passed by the Senate (with a simple majority) and be signed by the President, both of which seem unlikely to happen.
The Congressional Review Act was used in 2017 to rescind several Obama Administration rules. Prior to 2017, the Congressional Review Act was used once in 2001 to overturn a Department of Labor and Occupational Safety and Health Administration rule on ergonomics in workplaces.
