TRUST Act of 2025

Summary#

This bill, the "Tailored Regulatory Updates for Supervisory Testing Act of 2025" or "TRUST Act of 2025," changes one part of the Federal Deposit Insurance Act. It amends 12 U.S.C. 1820(d) to replace the dollar amount "$3,000,000,000" with "$6,000,000,000" in two places. The change means federal banking agencies may examine qualifying insured depository institutions with under $6 billion in total assets not less than once during each 18-month period. The bill was introduced in the House by Representatives Tim Moore and Ritchie Torres and was referred to the Senate Committee on Banking, Housing, and Urban Affairs.

What it means for you#

• The bill raises the size threshold from $3 billion to $6 billion in the parts of the law it changes. That means more institutions could be treated as qualifying for an 18-month supervisory exam cycle if they meet the other qualifying conditions in law.
• For customers and the public: the bill text does not provide specific effects on deposit insurance coverage, services, or protections for depositors. No publicly available information on those effects.

Expenses#

No publicly available information on the bill's costs, savings, or budgetary effects is included in the provided text.

Proponents' View#

No publicly available information on supporters' arguments or stated reasons for the bill is included in the provided text.

Opponents' View#

No publicly available information on opponents' arguments or stated concerns about the bill is included in the provided text.