HR 7789·Federal·house
Federal Loan Systems Modernization Act of 2026
In CommitteeFiled Mar 4, 2026
Sponsor: Rep. Finstad, Brad [R-MN-1] (R)
Latest Action
Referred to the House Committee on Oversight and Government Reform.
Mar 4, 2026
Summary
The bill would establish a shared‑services platform called Lending.gov that lets federal agencies post and manage their loan and loan‑guarantee programs in one place. It aims to cut costs, speed up applications, reduce fraud, and give borrowers a clearer, easier experience. The General Services Administration would oversee the platform, while participating agencies retain control of their data.
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