The U.S. House Committee on Financial Services announced the Main Street Capital Access Act, a community banking package positioned as a legislative effort to support local bank formation and reduce barriers to capital access for small and mid-sized banks. The proposal is framed as enabling community lenders to focus on serving families, small businesses, and local economies. The Committee linked the package to Chairman French Hill’s community banking principles released in November 2024 and to a series of 2025 hearings held by the full committee and the Financial Institutions Subcommittee covering topics including tailoring the U.S. bank capital framework, resolution reform and funding access, bank mergers and de novo formation, and lessons from 15 years of Dodd-Frank. The Committee also published the bill text alongside a one-page summary and section-by-section materials.
U.S. Financial Services Committee 2026-01-07
U.S. House Committee on Financial Services unveils the Main Street Capital Access Act community banking package
The U.S. House Committee on Financial Services introduced the Main Street Capital Access Act, aimed at supporting local bank formation and easing capital access barriers for small and mid-sized banks, linked to Chairman French Hill’s community banking principles and recent hearings on banking topics. The Committee released the bill text, a summary, and detailed materials.