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BillsHH.R. 6547

Least Cost Exception Act

119th CongressIntroduced December 10, 2025Rep. Flood, Mike [R-NE-1]· NE-01
Stage
In committee
Latest action
Placed on the Union Calendar, Calendar No. 405.
February 2, 2026

Summary

Least Cost Exception Act This bill allows the Federal Deposit Insurance Corporation (FDIC) to waive the least-cost resolution requirement for failed insured depository institutions and use alternative

Committees

  • PrimaryFinancial Services Committee

CRS subjects

Accounting and auditingBank accounts, deposits, capitalBanking and financial institutions regulation

Action history

  1. December 10, 2025Introduced in House
  2. December 10, 2025Introduced in House
  3. December 10, 2025Referred to the House Committee on Financial Services.
  4. December 16, 2025Committee Consideration and Mark-up Session Held
  5. December 17, 2025Committee Consideration and Mark-up Session Held
  6. December 17, 2025Ordered to be Reported (Amended) by the Yeas and Nays: 50 - 0.
  7. February 2, 2026Reported (Amended) by the Committee on Financial Services. H. Rept. 119-474.
  8. February 2, 2026Reported (Amended) by the Committee on Financial Services. H. Rept. 119-474.
  9. February 2, 2026Placed on the Union Calendar, Calendar No. 405.

Cosponsors (3)

Text versions

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