HR. 6955In Committee

Main Street Act

What this bill does

Loosens banking regulations by easing capital, supervision, merger, and reporting requirements for banks and financial companies

Key points
  • Direct tailored regulatory review
  • Modify capital requirements
  • Allow certain bank mergers
  • Increase asset thresholds

Where it stands

Status
In Committee
Latest action
2026-07-22 — Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Topics and policy areas

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About these signals

Methodology

Impact and Momentum are relative discovery aids calculated by Legislation Lemur. They help you scan the congressional record; they are not predictions, endorsements, ideological ratings, or measures of policy importance.

Impact ScoreOverall observed legislative footprint and accumulated activity.
MomentumHow recently active or changing the bill appears in available data.