Washington, March 6 -- Congressman Brad Finstad issued the following press release:
Congressman Brad Finstad (MN-01) was joined by Congressman Raja Krishnamoorthi (IL-08) in introducing H.R. 7789 - the Federal Loan Systems Modernization Act of 2026 to create a government-wide shared services lending platform - known as "Lending.gov." The platform would provide a single, modern front door for borrowers and a standardized set of back-end loan management capabilities for participating agencies while preserving each agency's program authorities. Senators Marsha Blackburn (R-TN) and Maggie Hassan (D-NH) introduced companion legislation in the U.S. Senate.
"By creating Lending.gov as a single, secure access point for federal loan programs, the ...