{"bill":{"id":"119-hr-4478","congress":119,"type":"HR","number":4478,"title":"TRUST Act of 2025","originChamber":"House","introducedDate":"2025-07-17","sponsors":[{"bioguideId":"M001236","fullName":"Rep. Moore, Tim [R-NC-14]","party":"R","state":"NC","district":14}],"cosponsorsCount":1,"latestAction":{"actionDate":"2026-05-13","text":"Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs."},"policyArea":"Finance and Financial Sector","subjects":["Bank accounts, deposits, capital","Banking and financial institutions regulation","Corporate finance and management","Federal Deposit Insurance Corporation (FDIC)","Performance measurement"],"actions":[{"date":"2026-05-13","text":"Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.","type":"IntroReferral","chamber":"Senate","hasVote":false},{"date":"2026-05-12","text":"Motion to reconsider laid on the table Agreed to without objection.","type":"Floor","chamber":"House floor actions","hasVote":false},{"date":"2026-05-12","text":"On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H3358)","type":"Floor","chamber":"House floor actions","hasVote":false},{"date":"2026-05-12","text":"Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H3358)","type":"Floor","chamber":"Library of Congress","hasVote":false},{"date":"2026-05-12","text":"DEBATE - The House proceeded with forty minutes of debate on H.R. 4478.","type":"Floor","chamber":"House floor actions","hasVote":false},{"date":"2026-05-12","text":"Considered under suspension of the rules. (consideration: CR H3357-3359)","type":"Floor","chamber":"House floor actions","hasVote":false},{"date":"2026-05-12","text":"Mr. Hill (AR) moved to suspend the rules and pass the bill.","type":"Floor","chamber":"House floor actions","hasVote":false},{"date":"2025-09-08","text":"Placed on the Union Calendar, Calendar No. 209.","type":"Calendars","chamber":"House floor actions","hasVote":false},{"date":"2025-09-08","text":"Reported by the Committee on Financial Services. H. Rept. 119-252.","type":"Committee","chamber":"House floor actions","hasVote":false},{"date":"2025-09-08","text":"Reported by the Committee on Financial Services. H. Rept. 119-252.","type":"Committee","chamber":"Library of Congress","hasVote":false},{"date":"2025-07-23","text":"Ordered to be Reported by the Yeas and Nays: 48 - 0.","type":"Committee","chamber":"House committee actions","hasVote":false},{"date":"2025-07-23","text":"Committee Consideration and Mark-up Session Held","type":"Committee","chamber":"House committee actions","hasVote":false},{"date":"2025-07-22","text":"Committee Consideration and Mark-up Session Held","type":"Committee","chamber":"House committee actions","hasVote":false},{"date":"2025-07-17","text":"Referred to the House Committee on Financial Services.","type":"IntroReferral","chamber":"House floor actions","hasVote":false},{"date":"2025-07-17","text":"Introduced in House","type":"IntroReferral","chamber":"Library of Congress","hasVote":false},{"date":"2025-07-17","text":"Introduced in House","type":"IntroReferral","chamber":"Library of Congress","hasVote":false}],"summary":"<p><strong>Tailored Regulatory Updates for Supervisory Testing Act of 2025 or the TRUST Act of 2025</strong></p><p>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&nbsp;financial&nbsp;regulators.&nbsp;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.&nbsp;</p>","updateDate":"2026-05-15T03:08:24Z"},"markets":[],"stateBills":[],"meta":{"sources":["congress.gov"],"latencyMs":701,"ts":"2026-07-14T06:45:11.680Z"},"nextActions":{"inspect":[],"related":[{"description":"Search related legislation","method":"GET","url":"https://simplefunctions.dev/api/public/query-gov?q=TRUST%20Act%20of%202025"}]}}