The main purpose of this legislation, known as the TRUST Act of 2026, is to update the rules governing how often federal banking agencies can examine certain banks. Specifically, it aims to allow these agencies to conduct examinations of qualifying banks that have total assets of less than $6 billion at least once every 18 months. Key provisions of the TRUST Act include raising the asset threshold for banks that qualify for less frequent examinations. Previously, this threshold was set at $3 billion, but the new law increases it to $6 billion.