S. J. RES. 13 aims to overturn a rule issued by the Office of the Comptroller of the Currency related to the Bank Merger Act. This joint resolution, introduced by Senator Kennedy with the support of Senators Hagerty and Tillis, seeks to nullify the rule concerning business...
Simple Explanation
S. J. RES. 13 is like when someone says that a new rule about how banks can join together isn't good, so they want to cancel it and say it doesn't count anymore.