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119th Congress · H.R. 3709 · Passed Origin

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.

Full bill text →

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SubjectsCorporate finance and managementEmployment and training programsFinancial services and investments
Sponsor
Joyce Beatty, D-OH-3
7 terms · @RepBeatty
Official website ↗
2079 Rayburn House Office Building Washington DC 20515-3503 · 202-225-4324
Committees (2)
  • Banking, Housing, and Urban Affairs Committee
    Senate Standing · Activity May 13, 2026
  • Financial Services Committee
    House Standing · Activity Jul 15, 2025
Actions (15)
  1. May 13, 2026 · via Senate
    Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  2. May 12, 2026 · via House floor actions
    Motion to reconsider laid on the table Agreed to without objection.
  3. May 12, 2026 · via House floor actions
    On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3356)
  4. May 12, 2026 · via Library of Congress
    Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3356)
  5. May 12, 2026 · via House floor actions
    DEBATE - The House proceeded with forty minutes of debate on H.R. 3709.
  6. May 12, 2026 · via House floor actions
    Considered under suspension of the rules. (consideration: CR H3356-3357)
  7. May 12, 2026 · via House floor actions
    Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended.
  8. Jul 15, 2025 · via House floor actions
    Placed on the Union Calendar, Calendar No. 168.
  9. Jul 15, 2025 · via House floor actions
    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-205.
  10. Jul 15, 2025 · via Library of Congress
    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-205.
  11. Jun 10, 2025 · via House committee actions
    Ordered to be Reported (Amended) by the Yeas and Nays: 50 - 1.
  12. Jun 10, 2025 · via House committee actions
    Committee Consideration and Mark-up Session Held
  13. Jun 4, 2025 · via House floor actions
    Referred to the House Committee on Financial Services.
  14. Jun 4, 2025 · via Library of Congress
    Introduced in House
  15. Jun 4, 2025 · via Library of Congress
    Introduced in House
IntroducedJun 4, 2025
Policy areaFinance and Financial Sector
RelatedH.R. 6644
SourceView on Congress.gov ↗
Bill textRead full text →

Constitutional authority cited

[Congressional Record Volume 171, Number 95 (Wednesday, June 4, 2025)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mrs. BEATTY:H.R. 3709.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 3 of the United StatesConstitution[Page H2469]
⎔ AnchoredPride costs us more than hunger, thirst, and cold.Epoch 2026-Q4