Credit Checks

Elizabeth Warren Bill Targets Employer Use of Credit Reports in Hiring

A new bill, introduced by Senator Elizabeth Warren and Representative Steve Cohen, aims to prohibit employers from using credit checks during the hiring process. The legislation seeks to amend the Fair Credit Reporting Act, preventing employers from requesting or considering an applicant’s credit history. This action is based on the assertion that the practice disproportionately impacts minorities and women, and has no correlation to job performance. The proposed bill follows a trend, as multiple states and cities have already implemented similar bans.

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