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Federal Loan Systems Modernization Act of 2026
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.
Read the Full Bill
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
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
1Democrat Cosponsors
1Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 7789
Primary Policy Focus
Finance and Financial SectorAlternate 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.
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.
Comments
Sponsors and Cosponsors of HR 7789
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