Bill > S3830

This bill, known as the TRUST Act of 2026, amends the Federal Deposit Insurance Act to adjust the thresholds for how often certain banks are examined by federal banking agencies. Specifically, it raises the asset threshold from $3 billion to $6 billion, meaning that qualifying insured depository institutions, which are banks that hold insured deposits, with total assets under $6 billion will now be permitted to be examined not less than once every 18 months, rather than the previous requirement tied to the lower $3 billion threshold. This change aims to tailor regulatory updates for supervisory testing, potentially reducing the examination frequency for smaller, well-managed banks.