The U.S. Financial Services Committee published a roundup of industry backing for its bipartisan Main Street Capital Access Act after the House passed the bill by a 270-155-1 vote. The release frames the measure as a bank regulatory and supervisory reform bill intended to improve capital access, support community banking and make the framework more responsive to the size and risk profile of institutions. Support cited by the committee came from more than 100 organizations, including the American Bankers Association, the Independent Community Bankers of America, America's Credit Unions, the Bank Policy Institute, the U.S. Chamber of Commerce and a wide range of state banking associations and individual banks. In the statements highlighted by the committee, backers said the bill would modernize supervisory standards, encourage new bank formation, reduce regulatory burdens on community banks, provide more flexibility to keep deposits local and curb uncertain supervisory methods and practices. Several supporters also called on the Senate to take up and pass the measure.
U.S. Financial Services Committee2026-07-24
U.S. Financial Services Committee cites support from more than 100 organizations after House passes Main Street Capital Access Act 270-155-1
The U.S. Financial Services Committee highlighted that the House passed the bipartisan Main Street Capital Access Act by a 270-155-1 vote and said more than 100 organizations support it. Backers described the bill as a bank regulatory reform measure that would tailor supervision to institution size and risk, encourage new bank formation and reduce burdens on community banks.