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H.R. 4478

U.S. House•In Senate Committee

Summary

H.R. 4478, the TRUST Act of 2025, was introduced in the House on Jul 17, 2025 by Rep. Tim Moore (R) with 1 co-sponsor. It was referred to Banking, Housing, And Urban Affairs, and last saw action on May 13, 2026: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Record

Text

H.R. 4478 has 1 co-sponsor.

hb4478/engrossed-in-house.txt
119 HR 4478 EH: Tailored Regulatory Updates for Supervisory Testing Act of 2025
 U.S. House of Representatives
 text/xml
 EN
 Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
 IB
 119th CONGRESS  2d Session
 H. R. 4478
 IN THE HOUSE OF REPRESENTATIVES
 AN ACT
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.
Short title
This Act may be cited as the   Tailored Regulatory Updates for Supervisory Testing Act of 2025   or the   TRUST Act of 2025  .
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 .
    Passed the House of Representatives May 12, 2026.  Kevin F. McCumber,  Clerk.

Tracker

The tracker indicates the progress of this legislation as it moves through the legislative process.

  1. Introduced2025-07-17
  2. Passed House2026-05-12
  3. Passed Senate
  4. Conference
  5. To President
  6. Became Law

CRS Summary

The summaries are the Congressional Research Service’s, one per stage. Read them in full.

Introduced in House Jul 17, 2025

hb4478/introduced-in-house.md

Shown Here:
Introduced in House (07/17/2025)

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.

Sponsors

Rep. Tim Moore (R) sponsors H.R. 4478, and 1 member has co-sponsored it from the day it was introduced.

Committees

H.R. 4478 went before 2 committees: Banking, Housing, and Urban Affairs and Financial Services.

Banking, Housing, and Urban Affairs
Banking, Housing, and Urban Affairs
Referred To · May 13, 2026 · 465 Bills
Financial Services
Financial Services
Reported By · Sep 8, 2025 · 559 Bills

Reports

1 committee report has been filed on H.R. 4478, the latest H. Rept. 119-252.

  • H. Rept. 119-252 — TAILORED REGULATORY UPDATES FOR SUPERVISORY TESTING ACT OF 2025

Actions

H.R. 4478 has taken 14 actions since Jul 17, 2025, the latest on May 13, 2026.

ChamberAction
May 13, 2026
Senate
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.Banking, Housing, and Urban Affairs Committee
May 12, 202615:43
House
Mr. Hill (AR) moved to suspend the rules and pass the bill.
May 12, 202615:43
House
Considered under suspension of the rules. (consideration: CR H3357-3359)
May 12, 202615:43
House
DEBATE - The House proceeded with forty minutes of debate on H.R. 4478.
May 12, 202615:56
House
On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H3358)

Votes

H.R. 4478 has not gone to a roll call.

1 bill is related to H.R. 4478.

Titles

H.R. 4478 goes by 11 titles, 8 of them short titles.

  • TRUST Act of 2025 — Display Title
  • TRUST Act of 2025 — Short Titles from RFS (Referred to Senate) bill text
  • 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. — Official Title as Introduced
  • Tailored Regulatory Updates for Supervisory Testing Act of 2025 — Short Titles from RFS (Referred to Senate) bill text
  • Tailored Regulatory Updates for Supervisory Testing Act of 2025 — Short Title(s) as Passed House
  • 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. — Official Titles from EH (Engrossed in House) bill text
  • TRUST Act of 2025 — Short Title(s) as Passed House
  • TRUST Act of 2025 — Short Title(s) as Reported to House
  • Tailored Regulatory Updates for Supervisory Testing Act of 2025 — Short Title(s) as Reported to House
  • Tailored Regulatory Updates for Supervisory Testing Act of 2025 — Short Title(s) as Introduced
  • TRUST Act of 2025 — Short Title(s) as Introduced

Lobbying

5 clients hired 6 firms and 153 registered lobbyists who named H.R. 4478 in 23 quarterly filings, 2025 to 2026. Reported under the Lobbying Disclosure Act; a filing’s income covers everything its registrant worked that quarter, so the amounts below are the filings’, not this bill’s.

Filed under Banking, Financial Institutions/Investments/Securities, Housing, Taxation/Internal Revenue Code, Homeland Security, Agriculture, Small Business, Budget/Appropriations.

Clients

Who paid to be heard, by how many filings named the bill.

ClientBusinessStateFirmsFilingsReported
AMERICAN FINTECH COUNCILTrade association representing the largest fintech companies and innovative BaaS banksDistrict of Columbia29$120K
CHAMBER OF COMMERCE OF THE U.S.A.—District of Columbia15—
INDEPENDENT COMMUNITY BANKERS OF AMERICA—District of Columbia15—
AMERICAN BANKERS ASSOCIATION—District of Columbia13—
COMMUNITY BANKERS ASSOCIATION OF ILLINOIS—Illinois11—

Firms

Registrants who filed on the bill, by filings.

RegistrantClientsFilingsReported
AMERICAN FINTECH COUNCIL15—
CHAMBER OF COMMERCE OF THE U.S.A.15—
INDEPENDENT COMMUNITY BANKERS OF AMERICA15—
1607 STRATEGIES, LLC14$120K
AMERICAN BANKERS ASSOCIATION13—
COMMUNITY BANKERS ASSOCIATION OF ILLINOIS11—

Lobbyists

Named on the filings that cite the bill. The 20 named most often, of 153.

LobbyistFirmsClientsFilings
ABELARDO TORRES115
ALEXA BRANSON115
AMANDA MAYS115
AMBER MILENKEVICH115
ANDREA PORWOLL115
ASHLEY GUM115
BRADLEY WATTS115
BRINCE MANNING115
BROOKE MILLER115
CASSIA CARVALHO115
CHAD WHITEMAN115
CHANTEL SHEAKS115
CHRISTOPHER CRENSHAW115
CHRISTOPHER EYLER115
CHRISTOPHER GUITH115
CHRISTOPHER ROBERTI115
CLARK JACKSON115
DAN BYERS115
ERIN DELANEY115
ESPERANZA JELALIAN115

Filings

The documents themselves, on the Senate’s Lobbying Disclosure site, largest reported first.

ClientRegistrantPeriodReportedDocument
CHAMBER OF COMMERCE OF THE U.S.A.CHAMBER OF COMMERCE OF THE U.S.A.2026 first_quarter$19.8M1st Quarter - Amendme…
CHAMBER OF COMMERCE OF THE U.S.A.CHAMBER OF COMMERCE OF THE U.S.A.2026 first_quarter$19.8M1st Quarter - Report
CHAMBER OF COMMERCE OF THE U.S.A.CHAMBER OF COMMERCE OF THE U.S.A.2025 fourth_quarter$18M4th Quarter - Report
CHAMBER OF COMMERCE OF THE U.S.A.CHAMBER OF COMMERCE OF THE U.S.A.2026 second_quarter$17M2nd Quarter - Report
CHAMBER OF COMMERCE OF THE U.S.A.CHAMBER OF COMMERCE OF THE U.S.A.2025 third_quarter$13.7M3rd Quarter - Report
AMERICAN BANKERS ASSOCIATIONAMERICAN BANKERS ASSOCIATION2026 second_quarter$3.5M2nd Quarter - Report
AMERICAN BANKERS ASSOCIATIONAMERICAN BANKERS ASSOCIATION2026 first_quarter$3.1M1st Quarter - Report
INDEPENDENT COMMUNITY BANKERS OF AMERICAINDEPENDENT COMMUNITY BANKERS OF AMERICA2026 second_quarter$2.2M2nd Quarter - Report
AMERICAN BANKERS ASSOCIATIONAMERICAN BANKERS ASSOCIATION2025 fourth_quarter$1.7M4th Quarter - Report
INDEPENDENT COMMUNITY BANKERS OF AMERICAINDEPENDENT COMMUNITY BANKERS OF AMERICA2025 fourth_quarter$1.3M4th Quarter - Report
INDEPENDENT COMMUNITY BANKERS OF AMERICAINDEPENDENT COMMUNITY BANKERS OF AMERICA2026 first_quarter$890K1st Quarter - Report
INDEPENDENT COMMUNITY BANKERS OF AMERICAINDEPENDENT COMMUNITY BANKERS OF AMERICA2025 third_quarter$866.8K3rd Quarter - Report
INDEPENDENT COMMUNITY BANKERS OF AMERICAINDEPENDENT COMMUNITY BANKERS OF AMERICA2025 third_quarter$866.8K3rd Quarter - Report
AMERICAN FINTECH COUNCILAMERICAN FINTECH COUNCIL2026 second_quarter$110K2nd Quarter - Report
AMERICAN FINTECH COUNCILAMERICAN FINTECH COUNCIL2026 first_quarter$70K1st Quarter - Report
COMMUNITY BANKERS ASSOCIATION OF ILLINOISCOMMUNITY BANKERS ASSOCIATION OF ILLINOIS2025 third_quarter$65K3rd Quarter - Report
AMERICAN FINTECH COUNCILAMERICAN FINTECH COUNCIL2025 third_quarter$60K3rd Quarter - Amendme…
AMERICAN FINTECH COUNCILAMERICAN FINTECH COUNCIL2025 fourth_quarter$60K4th Quarter - Report
AMERICAN FINTECH COUNCILAMERICAN FINTECH COUNCIL2025 third_quarter$40K3rd Quarter - Report
AMERICAN FINTECH COUNCIL1607 STRATEGIES, LLC2026 second_quarter$30K2nd Quarter - Report

Classification

The Congressional Research Service files H.R. 4478 under Finance and Financial Sector, one of its 31 policy areas, and gives it 5 legislative subjects.

CRS Subjects

CRS assigns every bill one policy area from its 31; H.R. 4478’s is Finance and Financial Sector.

hr4478/policy-areas.txt
Finance and Financial SectorAgriculture and FoodAnimalsArmed Forces and National SecurityArts, Culture, ReligionCivil Rights and Liberties, Minority IssuesCommerceCongressCrime and Law EnforcementEconomics and Public FinanceEducationEmergency ManagementEnergyEnvironmental ProtectionFamiliesForeign Trade and International FinanceGovernment Operations and PoliticsHealthHousing and Community DevelopmentImmigrationInternational AffairsLabor and EmploymentLawNative AmericansPublic Lands and Natural ResourcesScience, Technology, CommunicationsSocial WelfareSports and RecreationTaxationTransportation and Public WorksWater Resources Development

Legislative Subjects

H.R. 4478 carries 5 of CRS’s legislative subjects, from Bank accounts, deposits, capital to Performance measurement.

hr4478/subjects.txt
Bank accounts, deposits, capitalBanking and financial institutions regulationCorporate finance and managementFederal Deposit Insurance Corporation (FDIC)Performance measurement

Constitutional authority

The clause the sponsor cites as Congress’s power to enact H.R. 4478, as entered in the Congressional Record.

[Congressional Record Volume 171, Number 123 (Thursday, July 17, 2025)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. MOORE of North Carolina:H.R. 4478.Congress has the power to enact this legislation pursuantto the following:Section 8 of Article I of the Constitution[Page H3475]

Source: congress.gov · legiscan.com