H.R. 4478 Passed the House Finance and Financial Sector

TRUST Act of 2025

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

  1. Introduced
  2. Committee
  3. Passed House
  4. Passed Senate
  5. To President
  6. Became law
Sponsor Rep. Moore, Tim [R-NC-14] Introduced July 17, 2025 Cosponsors 1 (1 D) Latest action May 13, 2026

Summary

Tailored Regulatory Updates for Supervisory Testing Act of 2025 or the TRUST Act of 2025
This bill permits additional small insured depository institutions that are considered well-capitalized and well-managed (per their most recent examination) to qualify for less frequent examinations conducted by federal financial regulators. Specifically, the bill raises the maximum asset level that qualifies an institution for less frequent examinations from less than $3 billion to less than $6 billion. 

Summary by the Congressional Research Service, Library of Congress.

Congress.gov

Actions

  1. May 13, 2026 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  2. May 12, 2026 Motion to reconsider laid on the table Agreed to without objection.
  3. May 12, 2026 On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H3358)
  4. May 12, 2026 DEBATE - The House proceeded with forty minutes of debate on H.R. 4478.
  5. May 12, 2026 Considered under suspension of the rules. (consideration: CR H3357-3359)
  6. May 12, 2026 Mr. Hill (AR) moved to suspend the rules and pass the bill.
  7. Sep 8, 2025 Placed on the Union Calendar, Calendar No. 209.
  8. Sep 8, 2025 Reported by the Committee on Financial Services. H. Rept. 119-252.
  9. Jul 23, 2025 Ordered to be Reported by the Yeas and Nays: 48 - 0.
  10. Jul 23, 2025 Committee Consideration and Mark-up Session Held
  11. Jul 22, 2025 Committee Consideration and Mark-up Session Held
  12. Jul 17, 2025 Referred to the House Committee on Financial Services.

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