diff --git a/.changes/1.35.54.json b/.changes/1.35.54.json
new file mode 100644
index 0000000000..344b27c1cc
--- /dev/null
+++ b/.changes/1.35.54.json
@@ -0,0 +1,22 @@
+[
+  {
+    "category": "``bedrock-agent``",
+    "description": "[``botocore``] Amazon Bedrock Knowledge Bases now supports using application inference profiles to increase throughput and improve resilience.",
+    "type": "api-change"
+  },
+  {
+    "category": "``docdb-elastic``",
+    "description": "[``botocore``] Amazon DocumentDB Elastic Clusters adds support for pending maintenance actions feature with APIs GetPendingMaintenanceAction, ListPendingMaintenanceActions and ApplyPendingMaintenanceAction",
+    "type": "api-change"
+  },
+  {
+    "category": "``logs``",
+    "description": "[``botocore``] This release introduces an improvement in PutLogEvents",
+    "type": "api-change"
+  },
+  {
+    "category": "``taxsettings``",
+    "description": "[``botocore``] Add support for supplemental tax registrations via these new APIs: PutSupplementalTaxRegistration, ListSupplementalTaxRegistrations, and DeleteSupplementalTaxRegistration.",
+    "type": "api-change"
+  }
+]
\ No newline at end of file
diff --git a/CHANGELOG.rst b/CHANGELOG.rst
index 92a10ddc57..9e57f90937 100644
--- a/CHANGELOG.rst
+++ b/CHANGELOG.rst
@@ -2,6 +2,15 @@
 CHANGELOG
 =========
 
+1.35.54
+=======
+
+* api-change:``bedrock-agent``: [``botocore``] Amazon Bedrock Knowledge Bases now supports using application inference profiles to increase throughput and improve resilience.
+* api-change:``docdb-elastic``: [``botocore``] Amazon DocumentDB Elastic Clusters adds support for pending maintenance actions feature with APIs GetPendingMaintenanceAction, ListPendingMaintenanceActions and ApplyPendingMaintenanceAction
+* api-change:``logs``: [``botocore``] This release introduces an improvement in PutLogEvents
+* api-change:``taxsettings``: [``botocore``] Add support for supplemental tax registrations via these new APIs: PutSupplementalTaxRegistration, ListSupplementalTaxRegistrations, and DeleteSupplementalTaxRegistration.
+
+
 1.35.53
 =======
 
diff --git a/boto3/__init__.py b/boto3/__init__.py
index a8d5a2be9d..66eded5940 100644
--- a/boto3/__init__.py
+++ b/boto3/__init__.py
@@ -17,7 +17,7 @@
 from boto3.session import Session
 
 __author__ = 'Amazon Web Services'
-__version__ = '1.35.53'
+__version__ = '1.35.54'
 
 
 # The default Boto3 session; autoloaded when needed.
diff --git a/setup.cfg b/setup.cfg
index d85a3b440f..9d364473f5 100644
--- a/setup.cfg
+++ b/setup.cfg
@@ -3,7 +3,7 @@ universal = 0
 
 [metadata]
 requires_dist =
-    botocore>=1.35.53,<1.36.0
+    botocore>=1.35.54,<1.36.0
     jmespath>=0.7.1,<2.0.0
     s3transfer>=0.10.0,<0.11.0
 
diff --git a/setup.py b/setup.py
index 099d13e3b2..c3bfcdb9be 100644
--- a/setup.py
+++ b/setup.py
@@ -14,7 +14,7 @@
 
 
 requires = [
-    'botocore>=1.35.53,<1.36.0',
+    'botocore>=1.35.54,<1.36.0',
     'jmespath>=0.7.1,<2.0.0',
     's3transfer>=0.10.0,<0.11.0',
 ]