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HR4478FEDERALin_committee

TRUST Act of 2025: Changing Bank Examination Schedules

Original title: TRUST Act of 2025

July 17, 2025

bankingfinancial regulationfederal oversightFDIC

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Where This Stands

Introduced
Committee
Floor Vote
Passed
Signed

Currently in_committee. The next step in the legislative lifecycle is Floor Vote.

Last action
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.May 13, 2026

Version history

Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.

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The Frame

What this does

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 is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

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.

What changed

Current stage: in_committee.

What's next

Floor Vote.

Summary

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.

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?
The bill affects 'well-managed' s with total assets under $6 billion.
How does this change the current examination schedule?
Currently, the 18-month applies to institutions with under $3 billion in assets; this bill raises that eligibility limit to $6 billion.

Why It Matters

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.

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Lobbying Activity

1607 STRATEGIES, LLC

on behalf of American Fintech Council

2026

FINANCIAL INSTITUTIONS/INVESTMENTS/SEC

“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.”

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1607 STRATEGIES, LLC

on behalf of American Fintech Council

2026

FINANCIAL INSTITUTIONS/INVESTMENTS/SEC

“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.”

View filing →

MEHLMAN CONSULTING, INC.

on behalf of NORTHERN TRUST

View filing →

1607 STRATEGIES, LLC

on behalf of American Fintech Council

2025

FINANCIAL INSTITUTIONS/INVESTMENTS/SEC

“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.”

View filing →

1607 STRATEGIES, LLC

on behalf of American Fintech Council

2025

FINANCIAL INSTITUTIONS/INVESTMENTS/SEC

“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.”

View filing →

Sponsors

Discoveries

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift90% confidence

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.

Federal Deposit Insurance Act

Connected Entities

otherFederal Deposit Insurance Act“The existing law being amended by this bill.”Map →
organizationCommittee on Financial Services“The House committee to which the bill was referred.”Map →
personTorres of New York“Co-sponsor of the bill.”Map →
personMoore of North Carolina“Primary sponsor of the bill in the House of Representatives.”Map →

Analysis Score

0–100
  • Significance45
    How much this matters to a regular citizen
  • Controversy20
    Intensity of disagreement among stakeholders
  • Entertainment5
    Compellingness for a non-policy-wonk reader
  • Buzz15
    Current news / social attention level

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