Bill would let more banks skip annual regulator checkups
Passed one chamberH.R. 4478Latest action
Sponsor: Tim Moore · Representative · NC
AIDecoded by AI · checked against the recordRead the official text
Official title: TRUST Act of 2025
119th Congress
Topics: Jobs & the economy
Introduced:
Read the official bill on Congress.govIn plain words
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The TRUST Act of 2025 raises the asset threshold for less-frequent bank exams from $3 billion to $6 billion.
40-second read · 4 questions answered below
What does this do?
HR 4478, the TRUST Act of 2025, raises the asset threshold for extended bank examination cycles from $3 billion to $6 billion. Well-managed banks under this new threshold could be examined every 18 months instead of every 12 months. Struggling or poorly rated banks would still be examined annually regardless of size.
Who does it affect?
The bill affects community and mid-sized banks, which would gain eligibility for less frequent exams. It also affects federal banking regulators, including the FDIC, Federal Reserve, and OCC, who conduct these examinations.
Why does it matter?
Fewer full on-site examinations for a larger pool of banks could reduce oversight frequency for institutions between $3 billion and $6 billion in assets. It may also shift regulatory agency resources toward larger or riskier institutions.
AI-drafted summary. Check it against the official text before you act on it.
Based on the “Referred in Senate” text of May 13, 2026.
Read the official bill on Congress.govMake the call
Where does it stand?
- IntroducedJul 17, 2025
- House committee
- House vote
- SenateYou are here · May 13, 2026
- The president's desk
Right now: it passed the House, and the official record shows nothing new since. If the Senate changes it, it goes back to the House before reaching the president.
Latest action: — Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.