HR 6547
Least Cost Exception Act
Jurisdiction
US Congress
Session
119th Congress (2025-2026)
Last updated at
Jun 14, 2026, 1:27 AM
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
The Least Cost Exception Act allows the FDIC to deviate from its standard practice of choosing the least-cost resolution method for failed banks. Specifically, it enables the FDIC to select alternative resolution strategies, even if they are more expensive, if those alternatives prevent further concentration of the U.S. banking system within a small number of large, globally significant banks. This exception requires a cost analysis and approval from the FDIC, the Federal Reserve Board, and the Secretary of the Treasury to ensure the benefits of limiting concentration outweigh the potential risks to the Deposit Insurance Fund.
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