Advancing the Mentor-Protégé Program for Small Financial Institutions Act
119-HR-3709119th CongressIntroduced Jun 4, 2025Finance and Financial Sector
Market Probability
No market
Status
Introduced
Committee
Floor Vote
Other Chamber
Signed
Placed on the Union Calendar, Calendar No. 168.
Sponsor
Rep. Beatty, Joyce [D-OH-3](D-OH-3)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.
Subjects
Corporate finance and managementEmployment and training programsFinancial services and investments
Actions (8)
Placed on the Union Calendar, Calendar No. 168.
Jul 15, 2025House floor actions
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-205.
Jul 15, 2025House floor actions
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-205.
Jul 15, 2025Library of Congress
Ordered to be Reported (Amended) by the Yeas and Nays: 50 - 1.
Jun 10, 2025House committee actions
Committee Consideration and Mark-up Session Held
Jun 10, 2025House committee actions
Referred to the House Committee on Financial Services.
Jun 4, 2025House floor actions
Introduced in House
Jun 4, 2025Library of Congress
Introduced in House
Jun 4, 2025Library of Congress