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H.R. 3709 · 119th Congress

Advancing the Mentor-Protégé Program for Small Financial Institutions Act

Passed the HouseEconomy

Details

Sponsor
Joyce Beatty (D)
Introduced
2025-06-04
Origin
House
Policy area
Finance and Financial Sector
Latest action
2026-05-13 — Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Cosponsors
0

congress.gov

Summary

Advancing the Mentor-Protégé Program for Small Financial Institutions Act This bill establishes the Financial Agent Mentor-Protégé Program within the Department of the Treasury. The program provides participating minority and rural depository institutions and small financial institutions with mentorship from large financial institutions or from financial agents designated by Treasury. This mentorship prepares protégé institutions to improve service capacity or to perform as financial agents for the federal government.

CRS summary — Reported to House (2025-07-15)