Who it affects
- Qualifying insured banks with under $6 billion in assets
- Federal banking agencies
In committeeBanking
TRUST Act of 2026
S. 3830 · Senate bill · Introduced Feb. 11, 2026
The TRUST Act of 2026 would let federal banking agencies examine qualifying insured banks with under $6 billion in assets at least once every 18 months.
At a glance
Where it stands
In committee
How South Carolina voted
No recorded votes yet.
See each vote ↓Lobbying and money
No lobbying reported yet
Lobbyists report every three months, about 20 days after each quarter ends. We have January 2025 through September 2026 reports. Newer reports will be added once filed and published.
What it would do
- The bill would raise the asset limit for qualifying insured banks from $3 billion to $6 billion.
- Federal banking agencies could examine qualifying banks at least once every 18 months.
- The bill would allow this examination schedule, not require agencies to use it.
Written with AI from the official bill text, because no CRS summary is available. Read the bill text ↗
How South Carolina voted
No recorded roll-call vote on this bill yet.
Groups that lobbied on it and gave to SC's members
PAC, lobbyist campaign and qualifying employee money this election, shown separately and never added together. Lobbying reports name the bills a group worked on, not which side it took.
No lobbying reported yet. Lobbyists report every three months, about 20 days after each quarter ends. We have January 2025 through September 2026 reports. Newer reports will be added once filed and published.
Official record
Official title, sponsor and status
- Official title
- A bill 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.
- Sponsor
- Sen. Budd, Ted (R-NC)
- Introduced
- Feb. 11, 2026
- Cosponsors
- 6
- Committees
- Senate Banking, Housing, and Urban Affairs Committee
- Latest action
- Feb. 11, 2026 · Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Official summary from the Congressional Research Service
Congress hasn't published an official summary.
Summary on Congress.gov ↗Everyone who lobbied on this bill (0 groups)
No lobbying report we have loaded names this bill. That doesn't mean no lobbying took place.
Lobbyists report every three months, about 20 days after each quarter ends. We have January 2025 through September 2026 reports. Newer reports will be added once filed and published. Reports for October through December 2026 are due January 20, 2027.