House Bill
H.R. 6547
Least Cost Exception Act
Primary Sponsor
Mike Flood
R - NE
Cosponsors
3
Quick Stats
Policy Area
Summary
This bill allows the FDIC to choose a non-least-cost resolution for failed banks when doing so would prevent further concentration among Global Systemically Important Banks (G-SIBs). It gives regulators flexibility to accept slightly higher-cost bids from smaller banks to avoid making mega-banks even larger.
Latest Action
Placed on the Union Calendar, Calendar No. 405.
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Vote Prediction
Least Cost Exception Act
This bill allows the FDIC to choose a non-least-cost resolution for failed banks when doing so would prevent further concentration among Global Systemically Important Banks (G-SIBs). It gives regulators flexibility to accept slightly higher-cost bids from smal
Community Breakdown
Pass
0%
Fail
0%
0 predictions
This bill allows the FDIC to choose a non-least-cost resolution for failed banks when doing so would prevent further concentration among Global Systemically Important Banks (G-SIBs). It gives regulators flexibility to accept slightly higher-cost bids from smaller banks to avoid making mega-banks even larger.
- Bill Number
- 6547
- Introduced
- 2/2/2026
- Status
- Placed on the Union Calendar, Calendar No. 405.
- Policy Area
- Finance and Financial Sector
Data from Congress.gov
Fact Sheet
- Title
- Least Cost Exception Act
- Bill Number
- 6547
- Sponsor
- No sponsor
- Status
- Placed on the Union Calendar, Calendar No. 405.
- Introduced
- 2/2/2026
- Summary
- This bill allows the FDIC to choose a non-least-cost resolution for failed banks when doing so would prevent further concentration among Global Systemically Important Banks (G-SIBs). It gives regulators flexibility to accept slightly higher-cost bids from smaller banks to avoid making mega-banks eve
Data from Congress.gov
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