House Republicans unveil pro-community bank legislation
January 08, 2026 / By ICBA
House Financial Services Committee Chairman French Hill (R-Ark.) and Subcommittee on Financial Institutions Chairman Andy Barr (R-Ky.) released a legislative package to support community banks—with ICBA joining the lawmakers to discuss the measure today.
Details: Among its provisions, the Main Street Capital Access Act (H.R. 6955) includes ICBA-supported provisions to:
Tailor regulations to the lower risk profile of community banks.
Ease excessive capital requirements.
Support the formation of new community banks.
Ensure fair reviews of agency examinations.
Raise thresholds for holding custodial and reciprocal deposits.
Require the appointment of an FDIC board member with experience in small depository institutions.
Modernize the Federal Reserve's discount window lending programs.
Offer relief at the holding company level.
Promote bank-fintech partnerships.
Kickoff Event: ICBA President and CEO Rebeca Romero Rainey today is slated to join Hill and Barr at a House Financial Services Committee fireside chat at the U.S. Capitol in support of the act.
Bill: https://financialservices.house.gov/uploadedfiles/main_street_capital_access_act_text.pdf
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