Federal Register #2026-N-8

FHFA proposes modifications to its Financial Management System, FHFA-2, under the Privacy Act of 1974.

The Federal Housing Finance Agency (FHFA) is proposing updates to its Financial Management System, FHFA-2, under the Privacy Act of 1974. - The system manages records for FHFA employees, contractors, and vendors - Includes government travel, vendor accounts, employee reimbursements, interagency transactions, pay records, vendor registration, purchase-card accounts, and program payment agreements - Proposed modifications cover: - System security classification - System location and manager - Legal authorities - Categories of individuals and records - Routine uses - Revised procedures for record access, retention, disposal, and safeguards - No specific OEMs or vendors are named - Supports FHFA's accounting, financial operations, travel, purchase-card, acquisition, and contract management services - Public comments are invited on the proposed changes

Description

The Federal Housing Finance Agency (FHFA) is proposing to modify an existing system of records titled "Financial Management System, FHFA-2." This system contains documentation related to FHFA employees, contractors, and vendors concerning government travel, vendor accounts, employee reimbursements, interagency transactions, employee pay records, vendor registration data, purchase-card accounts and transactions, and program payment agreements. The system supports the management and administration of FHFA's accounting and financial operations, travel and purchase-card programs, and acquisition and contract management services. The modifications include updates to system security classification, system location, system manager, legal authorities, categories of individuals and records, and routine uses. Comments on the proposed modifications must be received by September 28, 2026.

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