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HB7789Introduced in the House

Federal Loan Systems Modernization Act of 2026

IntroducedHouse Oversight And Government Reform

Introduced by Brad Finstad, District MN-1

What does this bill do?

Plain-English breakdown

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Official description

To authorize the creation of "Lending.gov" as a shared services platform to provide a single source of access to loans provided by Federal agencies, and modern technology to support effective management of Federal credit programs, in order to reduce costs, prevent fraud, increase the speed of origination, improve transparency, improve access and customer experience, and for other purposes.

Where it stands

Referred to the House Committee on Oversight and Government Reform.

March 4, 2026

How did lawmakers vote?

No recorded vote is available for this bill yet.

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Bill history

  1. Introduced in House

  2. Referred to the House Committee on Oversight and Government Reform.

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