Advancing the Mentor-Protégé Program for Small Financial Institutions Act
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Finance and Financial Sector
Rep. Beatty, Joyce [D-OH-3] (D) — OH
Summary
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.
Legislative subjects
Corporate finance and management; Employment and training programs; Finance and Financial Sector; Financial services and investments
Latest action
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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