CONGRESS FOR VOTERS

RepublicanBill · H.R. 6547· House(119-HR-6547)

Least Cost Exception Act

Rep. Flood
Age: 51 years
Nebraska
Introduced
12/10/2025
Last activity
2/2/2026 — Placed on the Union Calendar, Calendar No. 405.
Sponsored by
Mike Flood
Cosponsors
Republican - 2Democrat - 2
Finance and Financial Sector
  1. Introduced
  2. On Calendar

What this bill would do

This bill, known as the "Least Cost Exception Act," seeks to amend the Federal Deposit Insurance Act. It provides an exception to the current requirement that the Corporation must use the least-cost resolution method. Under this amendment, the Corporation may choose an alternative method that costs more than the least-cost option if certain conditions are met. This exception is intended to limit the further concentration of the United States banking system among global systemically important banking organizations. The Corporation and the Board of Governors of the Federal Reserve System would determine if the benefits of limiting banking concentration outweigh the additional risks to the Deposit Insurance Fund.

Yes· 3 of 4

  • Does this make it easier to run a small business?+3

    By limiting banking concentration among global giants, the bill may foster a more diverse banking environment conducive to smaller institutions.

  • Does this make what the government does easier for the public to see?+3

    The bill requires the Corporation to issue a report to Congressional committees detailing the economic impact of its decision.

  • Is this likely to grow the economy?+2

    The bill aims to limit banking concentration to prevent systemic risks that could impede long-term growth.

The opposite

  • Does this make the government pay for what it commits to?-2

    The bill allows the Corporation to select resolution methods that are more expensive than the least-cost option, potentially straining the Deposit Insurance Fund.