Federal Loan Systems Modernization Act of 2026

Hozzl · 2026-03-23T14:34:19Z

Explore the details of House Bill 7789 Federal Loan Systems Modernization Act of 2026 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Finance and Financial Sector. Stay informed on legislative developments.

3/23/2026, 2:34 PM

Summary of Bill HR 7789

The bill, titled "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," seeks to establish a centralized platform for accessing loans from Federal agencies. The purpose is to enhance the management of Federal credit programs through modern technology, aiming to lower costs, prevent fraud, expedite loan origination, enhance transparency, and improve overall customer experience.

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Current Status of Bill HR 7789

Bill HR 7789 is currently in the status of Bill Introduced since March 4, 2026. Bill HR 7789 was introduced during Congress 119 and was introduced to the House on March 4, 2026. Bill HR 7789's most recent activity was Referred to the House Committee on Oversight and Government Reform. as of March 4, 2026

Bipartisan Support of Bill HR 7789

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

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Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 7789

Primary Policy Focus

Finance and Financial Sector

Alternate Title(s) of Bill HR 7789

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.