Least Cost Exception Act

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 6547 Reported in House (RH)] <DOC> Union Calendar No. 405 119th CONGRESS 2d Session H. R. 6547 [Report No. 119-474] To amend the Federal Deposit Insurance Act to provide an exception to the least-cost resolution requirement, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES December 10, 2025 Mr. Flood introduced the following bill; which was referred to the Committee on Financial Services February 2, 2026 Additional sponsors: Mr. Foster, Mr. Rose, Mr. Moskowitz, and Mr. Lawler February 2, 2026 Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printed [Strike out all after the enacting clause and insert the part printed in italic] [For text of introduced bill, see copy of bill as introduced on December 10, 2025] _______________________________________________________________________ A BILL To amend the Federal Deposit Insurance Act to provide an exception to the least-cost resolution requirement, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Least Cost Exception Act''. SEC. 2. LEAST COST RESOLUTION EXCEPTION TO AVOID FURTHER CONCENTRATION AMONG GLOBAL SYSTEMICALLY IMPORTANT BANKING ORGANIZATIONS. (a) In General.--Section 13(c)(4) of the Federal Deposit Insurance Act (12 U.S.C. 1823(c)(4)) is amended-- (1) in subparagraph (A)(ii), by inserting ``except as provided in subparagraph (I),'' before ``the total amount''; (2) in subparagraph (E)(i), by inserting ``and except as provided in subparagraph (I),'' after ``appropriate,''; and (3) by adding at the end the following: ``(I) Least cost resolution exception.-- ``(i) In general.--With respect to an exercise of authority by the Corporation describe