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HR 3709 · introduced · niche

Advancing the Mentor-Protégé Program for Small Financial Institutions Act

What this bill does

  • Creates a mentorship program in the Treasury Department for minority, rural, and small financial institutions.
  • Pairs smaller banks with large financial institutions or Treasury-designated agents for guidance and training.
  • Helps protégé institutions expand services and qualify to work as federal government financial agents.

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Community Threads

Started by Cosponsor

  1. 01

    How would pairing smaller banks with larger institutions help minority and rural banks qualify as federal financial agents?

  2. 02

    What specific services or training would protégé institutions gain through this mentorship program?

  3. 03

    Which smaller financial institutions would be eligible for this program, and how might they benefit differently?

Cosponsor writes these to seed civic discussion — they aren't user posts. Sign in to reply.

Sponsor · D-OH-3

Joyce Beatty

Citizen cosponsors

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In Congress

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House Reps cosponsoring

Introduced 2025-07-15

Legislative timeline

  1. 2025-07-15 · house · Calendars

    Placed on the Union Calendar, Calendar No. 168.

  2. 2025-07-15 · house · Committee

    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-205.

  3. 2025-07-15 · Committee

    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-205.

  4. 2025-06-10 · house · Committee

    Ordered to be Reported (Amended) by the Yeas and Nays: 50 - 1.

  5. 2025-06-10 · house · Committee

    Committee Consideration and Mark-up Session Held

  6. 2025-06-04 · house · IntroReferral

    Referred to the House Committee on Financial Services.

  7. 2025-06-04 · IntroReferral

    Introduced in House

  8. 2025-06-04 · IntroReferral

    Introduced in House

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