H.R. 5315 · 116th Congress
Expanding Opportunity for MDIs Act
- Stage
- Passed a chamber
- Sponsor
- Joyce Beatty
- Introduced
- 2019-12-05
- Latest action
- 2020-01-14 · Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Summary
Expanding Opportunity for Minority Depository Institutions Act or the Expanding Opportunity for MDIs Act
This bill establishes the Financial Agent Mentor-Protégé Program within the Department of the Treasury. The program provides participating minority deposit institutions and small financial institutions with mentorship regarding becoming a financial agent for Treasury and improving service capacity.