The civic record
Read. Follow. Verify.TRUST Act of 2025: Changing Bank Examination Schedules
Last action · May 13, 2026: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.Sponsors: Tim Moore and 1 other
Track this bill to get notified when it advances a stage. One tap to stop, anytime.
What This Bill Would Do
The TRUST Act of 2025 proposes to change how often federal regulators examine smaller banks. It would allow banks with under $6 billion in assets to be examined once every 18 months, doubling the current asset threshold for this schedule from $3 billion.
This bill changes the frequency of federal oversight for mid-sized banks, potentially reducing the regulatory burden for institutions with assets between $3 billion and $6 billion.
Who It Would Affect
Groups the bill's text would affect if enacted, as described in the record. Being affected is not a position for or against it.
Insured depository institutions with $3B-$6B in assets
These banks would become eligible for a less frequent federal examination cycle.
Federal banking agencies
These agencies would be required to adjust their examination schedules for institutions meeting the new asset threshold.
Key Facts
- The bill increases the asset threshold for qualifying insured depository institutions from $3 billion to $6 billion.
- Qualifying institutions under the new $6 billion threshold would be eligible for federal examinations at least once every 18 months.
- The bill amends Section 10(d) of the Federal Deposit Insurance Act (12 U.S.C. 1820(d)).
- The bill is formally titled the 'Tailored Regulatory Updates for Supervisory Testing Act of 2025'.
Frequently Asked Questions
What banks are affected by this bill?
How does this change the current examination schedule?
What else do you want to know?
News Coverage
Follow the record
Votes, people, money & the original sourceWhere This Stands
Currently passed chamber. The next step in the legislative lifecycle is Law.
Procedural history
14 actions- May 13, 2026SenateCommitteeReceived in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- May 12, 2026HouseMotion to reconsider laid on the table Agreed to without objection.
- May 12, 2026HouseFloorOn motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H3358)
- May 12, 2026HouseFloorPassed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H3358)
- May 12, 2026HouseDEBATE - The House proceeded with forty minutes of debate on H.R. 4478.
- May 12, 2026HouseConsidered under suspension of the rules. (consideration: CR H3357-3359)
Show 8 earlier actions
- May 12, 2026HouseMr. Hill (AR) moved to suspend the rules and pass the bill.
- Sep 8, 2025HousePlaced on the Union Calendar, Calendar No. 209.
- Sep 8, 2025HouseCommitteeReported by the Committee on Financial Services. H. Rept. 119-252.
- Jul 23, 2025HouseCommitteeOrdered to be Reported by the Yeas and Nays: 48 - 0.
- Jul 23, 2025HouseCommittee Consideration and Mark-up Session Held
- Jul 22, 2025HouseCommittee Consideration and Mark-up Session Held
- Jul 17, 2025HouseCommitteeReferred to the House Committee on Financial Services.
- Jul 17, 2025HouseIntroducedIntroduced in House
Version history
Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.
View official text →Lobbying Activity
1607 STRATEGIES, LLC
on behalf of American Fintech Council
2026
“Issues related to fintech and banks-as-a-service, earned wage access, fintech legislation, and online lending. Issues related to earned wage access. H.R.940, FAIR Exams Act, all provisions. H.R. 4437, Supervisory Modifications for Appropriate Risk-based Testing Act of 2025 (SMART Act of 2025), all provisions. H.R. 4478, Tailored Regulatory Updates for Supervisory Testing Act of 2025 (TRUST Act of 2025), all provisions.”
1607 STRATEGIES, LLC
on behalf of American Fintech Council
2026
“Issues related to fintech and banks-as-a-service, earned wage access, fintech legislation, and online lending. Issues related to earned wage access. H.R.940, FAIR Exams Act, all provisions. H.R. 4437, Supervisory Modifications for Appropriate Risk-based Testing Act of 2025 (SMART Act of 2025), all provisions. H.R. 4478, Tailored Regulatory Updates for Supervisory Testing Act of 2025 (TRUST Act of 2025), all provisions.”
MEHLMAN CONSULTING, INC.
on behalf of NORTHERN TRUST
1607 STRATEGIES, LLC
on behalf of American Fintech Council
2025
“Issues related to fintech and banks-as-a-service, earned wage access, fintech legislation, and online lending. Issues related to earned wage access. H.R.940, FAIR Exams Act, all provisions. H.R. 4437, Supervisory Modifications for Appropriate Risk-based Testing Act of 2025 (SMART Act of 2025), all provisions. H.R. 4478, Tailored Regulatory Updates for Supervisory Testing Act of 2025 (TRUST Act of 2025), all provisions.”
1607 STRATEGIES, LLC
on behalf of American Fintech Council
2025
“Issues related to fintech and banks-as-a-service, earned wage access, fintech legislation, and online lending. H.R.940, FAIR Exams Act, all provisions. H.R. 4437, Supervisory Modifications for Appropriate Risk-based Testing Act of 2025 (SMART Act of 2025), all provisions. H.R. 4478, Tailored Regulatory Updates for Supervisory Testing Act of 2025 (TRUST Act of 2025), all provisions.”
Full breakdown
Who this bill affects and the strongest case for and against it, written only from the bill’s own text.
Sponsors
Discoveries
Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.
Expansion of Regulatory Relief
The bill continues a trend of raising asset thresholds to reduce the frequency of federal oversight for mid-sized financial institutions.
Connected Entities
Sources
www.congress.gov
Analysis Score
0–100- Significance45How much this matters to a regular citizen
- Controversy20Intensity of disagreement among stakeholders
- Entertainment5Compellingness for a non-policy-wonk reader
- Buzz15Current news / social attention level
Publisher tools