Senate
Feb 11, 2026TRUST Act of 2026
Summary
AI Generated
This bill updates bank checkup rules. Well-managed banks with under $6 billion in assets (up from $3 billion) can now be examined by federal agencies just once every 18 months, instead of more often. Key impacts: Smaller community banks benefit by spending less time and money on exams, so they can lend more to families and businesses. Regulators do fewer checks. No new...
Bill Progress
Bill has been introduced and assigned a number
Introduced(2/11/26)
Committee
Passed
House
Passed
Senate
President
Law
Sponsor
TB
Mr. Budd
Senate (R) North Carolina
Cosponsors (5)
Topics
Issues
Latest Action
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Feb 11, 2026
View Bill on Congress.gov