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Advancing the Mentor-Protégé Program for Small Financial Institutions Act
5/15/2026, 3:08 AM
Summary of Bill HR 3709
The bill, titled "To amend the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 to establish a Financial Agent Mentor-Protégé Program within the Department of the Treasury, and for other purposes," was introduced in the 119th Congress as H.R. 3709 on June 4, 2025.
Congressional Summary of HR 3709
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.
Read the Full Bill
Current Status of Bill HR 3709
Bill HR 3709 is currently in the status of Passed in House since May 12, 2026. Bill HR 3709 was introduced during Congress 119 and was introduced to the House on June 4, 2025. Bill HR 3709's most recent activity was Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of May 13, 2026
Bipartisan Support of Bill HR 3709
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 3709
Primary Policy Focus
Finance and Financial SectorAlternate Title(s) of Bill HR 3709
To amend the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 to establish a Financial Agent Mentor-Protégé Program within the Department of the Treasury, and for other purposes.
To amend the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 to establish a Financial Agent Mentor-Protégé Program within the Department of the Treasury, and for other purposes.
Comments
Marilyn Briggs
1,046
1 year ago
What is this bill doing? What are the long term affects?
Kole Gray
841
1 year ago
This bill is a joke, just another way for big banks to screw us over.
Sponsors and Cosponsors of HR 3709
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