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
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
.