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Money & Votes · Finance & Insurance

$6.5 million in Finance & Insurance PAC money was in the room for the vote on Main Street Capital Access Act

231 members who voted on H.R. 6955 also banked finance & insurance PAC money in the 2024 cycle. Who got what, and how they voted.

· U.S. Wealth Watcher

261 members who cast a yes or no vote took finance & insurance PAC money in the 2024 cycle. The biggest recipients are shown; the full list is on the bill page.

This bill makes it easier to start new community banks and reduces regulations on small banks. It also requires more transparency from bank regulators and extends a program that helps community development financial institutions. The bill aims to help local banks serve their communities better.

Community banks are important for lending to small businesses and local projects. This bill could make it easier for them to operate, but critics worry it might weaken oversight and increase risk.

The vote

How the chamber split

270 yea · 155 nayPassed · 6 not voting
270 yes
155 no
The debate

What each side says

Supporters
  • Reduces unnecessary regulations on small banks, allowing them to focus on lending to local businesses and families.bill
  • Makes it easier to start new community banks, which can increase competition and access to banking services in underserved areas.bill
  • Increases transparency by requiring regulators to report on application times and reasons for denials, helping banks understand the process.bill
Critics
  • Weakening regulations could increase the risk of bank failures and financial instability, as seen in past crises.report
  • The bill reduces oversight of bank mergers and acquisitions, which could lead to less competition and harm consumers.bill

Each point links to its source. The views are attributed to those sources, not stated as ours.

Money lens

Finance & Insurance money, split by party

▲ Voted yes270
56 Dem213 Rep
Finance & Insurance PAC receipts$5.0M
  • AMERICAN BANKERS ASSOCIATION PAC (BANKPAC)$713K
  • THE COUNCIL OF INSURANCE AGENTS & BROKERS POLITICAL ACTION COMMITTEE$534K
  • UBS AMERICAS INC. POLITICAL ACTION COMMITTEE (UBS PAC)$390K
  • NEW YORK LIFE INSURANCE COMPANY POLITICAL ACTION COMMITTEE$388K
  • AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS POLITICAL ACTION COMMITTEE$260K
  • NATIONAL ASSOCIATION OF INSURANCE AND FINANCIAL ADVISORS POLITICAL ACTION COMM$237K
  • AMERICA'S CREDIT UNIONS PAC OF CREDIT UNION NATIONAL ASSOCIATION, INC.$215K
  • INDEPENDENT INSURANCE AGENTS & BROKERS OF AMERICA, INC. POLITICAL ACTION COMMITTEE (INSURPAC)$196K
  • ERNST & YOUNG POLITICAL ACTION COMMITTEE$163K
  • MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY POLITICAL ACTION COMMITTEE$130K
  • INVESTMENT COMPANY INSTITUTE POLITICAL ACTION COMMITTEE (ICI PAC)$120K
  • REGIONS FINANCIAL CORPORATION POLITICAL ACTION COMMITTEE$120K
  • THE FARM CREDIT COUNCIL POLITICAL ACTION COMMITTEE$113K
  • MORTGAGE BANKERS ASSOCIATION POLITICAL ACTION COMMITTEE (MORPAC)$100K
  • TRUIST FINANCIAL CORPORATION FEDERAL PAC (FORMERLY SUNTRUST BANKS, INC. POLITICAL ACTION COMMITTEE)$70K
  • NATIONAL ASSOCIATION OF REAL ESTATE INVESTMENT TRUSTS, INC. POLITICAL ACTION COMMITTEE$70K
  • CAPITAL ONE FINANCIAL CORP. ASSOC. POLITICAL FUND$70K
  • AMERICAN PROPERTY CASUALTY INSURANCE ASSOCIATION POLITICAL ACTION COMMITTEE (INSURING AMERICA PAC)$65K
  • INDEPENDENT COMMUNITY BANKERS OF AMERICA POLITICAL ACTION COMMITTEE$58K
  • HUNTINGTON BANCSHARES INC. POLITICAL ACTION COMMITTEE (HBI-PAC)$50K
  • THE NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY POLITICAL ACTION COMMITTEE (NMPAC)$48K
  • THE CAPITAL GROUP COMPANIES INC POLITICAL ACTION COMMITTEE$48K
  • PINNACLE WEST CAPITAL CORPORATION PAC$45K
  • AMERICAN FINANCIAL SERVICES ASSOCIATION PAC$40K
  • NATIONWIDE MUTUAL INSURANCE COMPANY FINANCIAL & INVESTMENTS POLITICAL ACTION COMMITTEE$40K
  • TEACHERS INSURANCE ANNUITY ASSOCIATION OF AMERICA PAC (TIAA PAC)$33K
  • FEDERAL BIPARTISAN VOLUNTARY PUBLIC AFFAIRS COMMITTEE OF THE PNC FINANCIAL SERVICES GROUP, INC. (PNC$31K
  • NATIONAL ASSOCIATION OF MUTUAL INSURANCE COMPANIES PAC$30K
  • BANK OF AMERICA CORPORATION FEDERAL PAC$30K
  • U.S. BANCORP FEDERAL POLITICAL ACTION COMMITTEE$30K
  • CITIGROUP INC. PAC - FEDERAL (CITI PAC - FEDERAL)$30K
  • CROP INSURANCE PROFESSIONALS ASSOCIATION PAC-CIPA PAC$28K
  • SMALL BUSINESS INVESTOR ALLIANCE PAC$24K
  • BLACKROCK FUNDS SERVICES GROUP LLC POLITICAL ACTION COMMITTEE (BLACKROCK PAC)$20K
  • UNITED WHOLESALE MORTGAGE PAC (UWM PAC)$20K
  • AMERICAN INVESTMENT COUNCIL POLITICAL ACTION COMMITTEE$20K
  • RAIN AND HAIL INSURANCE SOCIETY POLITICAL ACTION COMMITTEE$20K
  • INSURED RETIREMENT INSTITUTE POLITICAL ACTION COMMITTEE (IRI PAC)$20K
  • AMERICAN ASSOCIATION OF CROP INSURERS PAC$20K
  • PRUDENTIAL FINANCIAL INC. FEDERAL POLITICAL ACTION COMMITTEE (AKA - PRUDENTIAL FEDERAL PAC)$20K
  • PACIFIC LIFE INSURANCE COMPANY POLITICAL ACTION COMMITTEE$20K
  • MORGAN STANLEY POLITICAL ACTION COMMITTEE$20K
  • AMERICAN EXPRESS COMPANY POLITICAL ACTION COMMITTEE (AXPPAC)$20K
  • STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY FEDERAL POLITICAL ACTION COMMITTEE (STATE FARM FEDERAL PAC)$20K
  • PRINCIPAL LIFE INSURANCE COMPANY POLITICAL ACTION COMMITTEE$20K
  • SECURITIES INDUSTRY AND FINANCIAL MARKETS ASSOCIATION POLITICAL ACTION COMMITTEE$20K
  • LPL FINANCIAL LLC POLITICAL ACTION COMMITTEE (LPL PAC)$18K
  • INFIN, A FINANCIAL SERVICES ALLIANCE, INC. PAC ('INFIN PAC')$11K
  • WELLS FARGO AND COMPANY EMPLOYEES GOOD GOVERNMENT FEDERAL FUND II$10K
  • ALLY FINANCIAL INC. ADVOCACY POLITICAL ACTION COMMITTEE$10K
  • HSBC TECHNOLOGY AND SERVICES USA INC. FEDERAL PAC (HSBC FEDERAL PAC)$10K
  • ALLSTATE INSURANCE COMPANY PAC$10K
  • FIRST AMERICAN FINANCIAL CORPORATION PAC$10K
  • AMERICAN COUNCIL OF LIFE INSURERS POLITICAL ACTION COMMITTEE$10K
  • FIDELITY NATIONAL FINANCIAL INC PAC 2001$10K
  • COMMERCE BANCSHARES, INC., PAC$10K
  • TD BANK N.A. POLITICAL ACTION COMMITTEE$10K
  • LEADERSHIP AND ACCOUNTABILITY ARE NATIONAL KEYS PAC$10K
  • SYNCHRONY FINANCIAL EMPLOYEES POLITICAL ACTION COMMITTEE (SYNCPAC)$10K
  • WHOLESALE & SPECIALTY INSURANCE ASSOCIATION (WSIA) PAC$10K
  • LIBERTY MUTUAL INSURANCE COMPANY - PAC$10K
  • MORTGAGE GUARANTY INSURANCE CORPORATION POLITICAL ACTION COMMITTEE ('MGIC-PAC')$10K
  • COMMUNITY BANCSHARES OF MISSISSIPPI INC. POLITICAL ACTION COMMITTEE$6K
  • FIRST CAPITAL PAC$3K
Members covered180 / 270
Avg per covered$28K
▼ Voted no155
154 Dem1 Rep
Finance & Insurance PAC receipts$1.7M
  • THE COUNCIL OF INSURANCE AGENTS & BROKERS POLITICAL ACTION COMMITTEE$220K
  • UBS AMERICAS INC. POLITICAL ACTION COMMITTEE (UBS PAC)$198K
  • NEW YORK LIFE INSURANCE COMPANY POLITICAL ACTION COMMITTEE$150K
  • AMERICA'S CREDIT UNIONS PAC OF CREDIT UNION NATIONAL ASSOCIATION, INC.$150K
  • NATIONAL ASSOCIATION OF INSURANCE AND FINANCIAL ADVISORS POLITICAL ACTION COMM$120K
  • AMERICAN BANKERS ASSOCIATION PAC (BANKPAC)$98K
  • AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS POLITICAL ACTION COMMITTEE$90K
  • NATIONAL ASSOCIATION OF REAL ESTATE INVESTMENT TRUSTS, INC. POLITICAL ACTION COMMITTEE$90K
  • ERNST & YOUNG POLITICAL ACTION COMMITTEE$60K
  • INVESTMENT COMPANY INSTITUTE POLITICAL ACTION COMMITTEE (ICI PAC)$35K
  • TEACHERS INSURANCE ANNUITY ASSOCIATION OF AMERICA PAC (TIAA PAC)$31K
  • THE FARM CREDIT COUNCIL POLITICAL ACTION COMMITTEE$30K
  • TRUIST FINANCIAL CORPORATION FEDERAL PAC (FORMERLY SUNTRUST BANKS, INC. POLITICAL ACTION COMMITTEE)$30K
  • CAPITAL ONE FINANCIAL CORP. ASSOC. POLITICAL FUND$20K
  • MORGAN STANLEY POLITICAL ACTION COMMITTEE$20K
  • REGIONS FINANCIAL CORPORATION POLITICAL ACTION COMMITTEE$20K
  • PINNACLE WEST CAPITAL CORPORATION PAC$20K
  • AMERICAN COUNCIL OF LIFE INSURERS POLITICAL ACTION COMMITTEE$20K
  • MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY POLITICAL ACTION COMMITTEE$20K
  • SENTRY INSURANCE COMPANY FEDERAL POLITICAL ACTION COMMITTEE$15K
  • PRUDENTIAL FINANCIAL INC. FEDERAL POLITICAL ACTION COMMITTEE (AKA - PRUDENTIAL FEDERAL PAC)$15K
  • THRIVENT FINANCIAL FOR LUTHERANS POLITICAL ACTION COMMITTEE$12K
  • AMERICAN INVESTMENT COUNCIL POLITICAL ACTION COMMITTEE$10K
  • MORTGAGE GUARANTY INSURANCE CORPORATION POLITICAL ACTION COMMITTEE ('MGIC-PAC')$10K
  • AMERICAN PROPERTY CASUALTY INSURANCE ASSOCIATION POLITICAL ACTION COMMITTEE (INSURING AMERICA PAC)$10K
  • MORTGAGE BANKERS ASSOCIATION POLITICAL ACTION COMMITTEE (MORPAC)$10K
  • LIBERTY MUTUAL INSURANCE COMPANY - PAC$10K
  • NATIONWIDE MUTUAL INSURANCE COMPANY FINANCIAL & INVESTMENTS POLITICAL ACTION COMMITTEE$10K
  • ALLY FINANCIAL INC. ADVOCACY POLITICAL ACTION COMMITTEE$10K
  • STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY FEDERAL POLITICAL ACTION COMMITTEE (STATE FARM FEDERAL PAC)$10K
  • AMERICAN EXPRESS COMPANY POLITICAL ACTION COMMITTEE (AXPPAC)$10K
  • BLACKROCK FUNDS SERVICES GROUP LLC POLITICAL ACTION COMMITTEE (BLACKROCK PAC)$10K
  • FEDERAL BIPARTISAN VOLUNTARY PUBLIC AFFAIRS COMMITTEE OF THE PNC FINANCIAL SERVICES GROUP, INC. (PNC$10K
  • HUNTINGTON BANCSHARES INC. POLITICAL ACTION COMMITTEE (HBI-PAC)$10K
  • SMALL BUSINESS INVESTOR ALLIANCE PAC$10K
  • STRUCTURED FINANCE COALITION POLITICAL ACTION COMMITTEE (STRUCTURED FINANCE PAC)$10K
  • THE CAPITAL GROUP COMPANIES INC POLITICAL ACTION COMMITTEE$10K
  • THE PRIVATE INVESTOR COALITION, INC. POLITICAL ACTION COMMITTEE$10K
  • NATIONAL ASSOCIATION OF BENEFITS AND INSURANCE PROFESSIONALS PAC (NABIP PAC)$10K
  • LPL FINANCIAL LLC POLITICAL ACTION COMMITTEE (LPL PAC)$10K
  • THE HARTFORD FINANCIAL SERVICES GROUP, INC. FEDERAL PAC (AKA HARTFORD ADVOCATES FEDERAL FUND)$10K
  • BANK OF AMERICA CORPORATION FEDERAL PAC$10K
  • SECURITIES INDUSTRY AND FINANCIAL MARKETS ASSOCIATION POLITICAL ACTION COMMITTEE$10K
  • INDEPENDENT COMMUNITY BANKERS OF AMERICA POLITICAL ACTION COMMITTEE$8K
  • INDEPENDENT INSURANCE AGENTS & BROKERS OF AMERICA, INC. POLITICAL ACTION COMMITTEE (INSURPAC)$8K
  • COMMERCE BANCSHARES, INC., PAC$5K
  • ALLSTATE INSURANCE COMPANY PAC$5K
  • DISCOVER FINANCIAL SERVICES POLITICAL ACTION COMMITTEE$5K
Members covered81 / 155
Avg per covered$21K

See all 261 members and the full breakdown on the Main Street Capital Access Act bill page →

This is an automatically generated timeline of dated public records. It states facts and implies nothing about any decision or motive. Correlation is not causation.

We report from public records and published reporting. Appearing here is not an allegation of wrongdoing.

Sources