HR 6547 · 119th Congress

Least Cost Exception Act

When a bank fails, federal regulators normally have to choose the cheapest way to handle it to protect the insurance fund that backs depositors. This bill creates an exception to that rule. Under this new law, the FDIC (Federal Deposit Insurance Corporation) can choose a more expensive option if it helps prevent too…

Sponsor

Flood, Mike (R-Nebraska)

Introduced

2025-12-10

Policy area

Finance and Financial Sector

Latest action

Placed on the Union Calendar, Calendar No. 405.