1. Short title This Act may be cited as the Expanding Opportunity for Minority Depository Institutions (MDIs) Act . 2. Establishment of Financial Agent Mentor-Protégé Program (a) In general Section 308 of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 ( 12 U.S.C. 1463 note) is amended by adding at the end the following new subsection: (d) Financial Agent Mentor-Protégé Program (1) In general The Secretary of the Treasury shall establish a program to be known as the Financial Agent Mentor-Protégé Program (in this subsection referred to as the Program ) under which a financial agent shall serve as a mentor to a minority depository institution so that such minority depository institution may become a financial agent. (2) Outreach The Secretary shall hold outreach events to promote the participation of financial agents and minority depository institutions in the Program at least once a year. (3) Exclusion The Secretary may exclude financial agents and minority depository institutions from participation in the Program. (4) Report The Office of Minority and Women Inclusion of the Department of the Treasury shall include in the report submitted to Congress under section 342(e) of the Dodd-Frank Wall Street Reform and Consumer Protection Act information pertaining to the Program, including— (A) the number of financial agents participating in such Program