US HB6547

Amends the Federal Deposit Insurance Act to allow the FDIC to select a bank resolution method that is not the least costly to the Deposit Insurance Fund when doing so would limit further concentration in global systemically important banking organizations (G-SIBs)

Requires joint determination by the FDIC and Federal Reserve Board, after Treasury consultation, that the benefits of limiting banking concentration outweigh additional risks to the Deposit Insurance Fund

Mandates the FDIC establish rules within 1 year setting maximum allowable costs to the Deposit Insurance Fund and assessment criteria for acquiring institutions, including payments over a minimum 5-year period

Requires the FDIC to report to Congress within 30 days of using this exception, analyzing the cost difference between the selected resolution and the least costly alternative

Applies only when the selected alternative excludes G-SIB transactions, does not exceed liquidation costs, and the cost difference from a G-SIB alternative falls within FDIC-established limits