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S 3830
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TRUST Act of 2026

To amend the Federal Deposit Insurance Act to permit Federal banking agencies to examine qualifying insured depository institutions with under $6,000,000,000 in total assets not less than once during each 18- month period, and for other purposes.

Introduced Feb 11, 2026

Latest action (Feb 11, 2026) Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Referred to
Banking, Housing, and Urban Affairs Committee
Policy area
Finance and Financial Sector
Issues
Economy & Taxes

Summary
  • Raises the asset threshold for reduced examination requirements from $3 billion to $6 billion in total assets
  • Permits federal banking agencies to examine qualifying insured depository institutions with under $6 billion in assets at least once during each 18-month period
  • Expands the pool of well-managed institutions eligible for less-frequent regulatory examinations
  • Applies these modified examination cycles to mid-sized depository institutions between $3 billion and $6 billion in total assets

AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.

Sponsor (1)
5 cosponsors

Actions (2)
  1. Feb 11, 2026 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. · senate
  2. Feb 11, 2026 Introduced in Senate

Similar bills (6)

Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.

  • HR 4478 — TRUST Act of 2025 · Passed House May 13, 2026 · Cong. 119 86%
  • HR 4437 — SMART Act of 2025 · Passed House May 13, 2026 · Cong. 119 70%
  • HR 3234 — Keeping Deposits Local Act · Passed House May 21, 2026 · Cong. 119 69%
  • S 2999 — Main Street Depositor Protection Act · Introduced Feb 5, 2026 · Cong. 119 68%
  • HR 8087 — Main Street Depositor Protection Act · Introduced Mar 25, 2026 · Cong. 119 68%
  • HR 5317 — Community Bank Deposit Access Act of 2025 · Passed House May 21, 2026 · Cong. 119 67%

Text versions (1)
  • Introduced in Senate · Feb 11, 2026

Only one text version is on file, so there’s no earlier version to compare against yet.

Full text

IN THE SENATE OF THE UNITED STATES

February 11, 2026

Mr. Budd (for himself, Mr. Kim, Mr. Kennedy, and Ms. Alsobrooks) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs

A BILL

To amend the Federal Deposit Insurance Act to permit Federal banking agencies to examine qualifying insured depository institutions with under $6,000,000,000 in total assets not less than once during each 18- month period, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the “Tailored Regulatory Updates for Supervisory Testing Act of 2026” or the “TRUST Act of 2026”.

SEC. 2. MODIFICATION OF EXAMINATION CYCLE THRESHOLDS FOR WELL-MANAGED INSTITUTIONS.

Section 10(d) of the Federal Deposit Insurance Act (12 U.S.C. 1820(d)) is amended—

(1) in paragraph (4)(A), by striking “$3,000,000,000” and inserting “$6,000,000,000”; and

(2) in paragraph (10), by striking “$3,000,000,000” and inserting “$6,000,000,000”. <all>

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