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Bill Huizenga: “HR 6955. The Main street act will promote competition.”

Featuring: Bill Huizenga, Republican | U.S. House Michigan, District 4

'I've Seen It, I've Lived It': Bill Huizenga Demands Lower Regulatory Costs For Local Banks

Published July 23, 2026 | Video Starts at 01:53

At a time when Americans are struggling with everyday expenses, Washington should not make credit more expensive through needless REN tape. HR 6955. The Main street act will promote competition. It'll expand access to capital and help make life more affordable for American families. I want to thank the chairman, both of the full committee as well as our subcommittee and I. (01:53–01:59)

CLAIM

Asserts that HR 6955, the Main Street Act, will promote competition.

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Bill Huizenga

“When community banks disappear, families and small businesses lose the local lenders who know their communities and their customers best.”
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“Less competition means fewer financing options, higher borrowing costs and less investment on Main street, not Wall street.”
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“This bill lowers unnecessary regulatory costs for community and mid sized banks.”
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“The FDIC Board Accountability act...strengthens governance of the FDIC Board on behalf of smaller institutions.”
'I've Seen It, I've Lived It': Bill Huizenga Demands Lower Regulatory Costs For Local Banks | Uploaded July 23, 2026 | 00:51-00:59
“The Enhancing Bank Resolution Participation act...seeks to bring more qualified bidders into failed bank resolutions.”
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“Better oversight and broader participation can protect depositors.”
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“This package makes it easier to form new banks, strengthens local funding and liquidity.”
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“It'll expand access to capital and help make life more affordable for American families.”
'I've Seen It, I've Lived It': Bill Huizenga Demands Lower Regulatory Costs For Local Banks | Uploaded July 23, 2026 | 01:58-02:04