H.R. 3709 explained · 119th Congress · Pending in Congress
Advancing the Mentor-Protégé Program for Small Financial Institutions Act
Cosponsors: none · per Congress.gov, 2026-10-08
Introduced: 2025-06-04
Latest action (2026-05-13): Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
What H.R. 3709 does, in plain terms
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.
Official summary by the Congressional Research Service, via Congress.gov.
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