Advancing the Mentor-Protégé Program for Small Financial Institutions Act passed the House 342 days after introduction and awaits a vote in the Senate
IntroducedJun 4, 2025
ReportedJun 10, 2025
Passed one chamberMay 12, 2026
Passed both—
Law—
What it changes · CRS summary
Written by the Congressional Research Service [2]. 68 words.
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.
Context
- Committees
- House Financial Services Committee
Senate Banking, Housing, and Urban Affairs Committee - Policy area
- Finance and Financial Sector: 53 of 3,256 bills became law, 113th–118th (1.6%)
- Sponsor
- 0 of 132 bills enacted since 2013
- Text versions
- 4, from introduced in house to referred in senate · 496 words
- Subjects
- Corporate finance and managementEmployment and training programsFinancial services and investments
- Latest action
- May 13, 2026: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Records
- Congress.gov · Bill text
Exhibit 1Passage odds band at each stage, rated when the bill reached it [4]
Related bills · 1
Each bill appears once, under its strongest link. 1 in all.
Shared text, or included in a law · 1
- 119th H.R. 6644 21st Century ROAD to Housing Act R · Law
Exhibit 2Articles naming the bill per day, last 90 days, US sources [3]