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TheProle

(4,187 posts)
Mon Sep 15, 2025, 06:12 PM Sep 2025

Elizabeth Warren introduces bill to ban employers from running credit reports in hiring [View all]

As the US labor market comes under pressure, two senior figures in Washington are pushing to end a practice that prevents large swaths of US workers from obtaining jobs.

A bill reintroduced today by Elizabeth Warren, the senator from Massachusetts, and Steve Cohen, the representative from Tennessee, bans employers from using credit checks to vet potential hires.

Denying jobs based on a candidate’s financial history “makes no sense”, the prominent Democrats argue. It also disproportionately affects minorities.

The bill would amend the Fair Credit Reporting Act to stop employers from requiring job applicants to disclose their credit history, or suggesting they should, and from procuring consumer or investigative reports on applicants. It also would prohibit credit reporting agencies from providing reports to employers, and prevent employers from disqualifying job applicants based on credit information.


https://www.theguardian.com/us-news/2025/sep/15/elizabeth-warren-credit-reports-employment
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An outright ban is short-sighted. cloudbase Sep 2025 #1
Then she has room to negotiate TheProle Sep 2025 #2
The Only Exception I Can See... ProfessorGAC Sep 2025 #4
Retail positions that deal with money SickOfTheOnePct Sep 2025 #5
Can't Agree ProfessorGAC Sep 2025 #6
It would depend on how much cash is involved SickOfTheOnePct Sep 2025 #10
Likely So ProfessorGAC Sep 2025 #12
Then why have it for banking or finance? n/t SickOfTheOnePct Sep 2025 #14
Well, the manager reconciles the register at the end of every day - and if the cash register is designed correctly, it's Midwestern Democrat Sep 2025 #23
Defense contractors, for one. cloudbase Sep 2025 #7
What Does That Have To Do With Personal Finance? ProfessorGAC Sep 2025 #9
Financial difficulties might make a person cloudbase Sep 2025 #13
Oh, Brother ProfessorGAC Sep 2025 #15
Those who are tempted to embezzle from their employers work in all fields. pacalo Sep 2025 #16
Right. But more likely to embezzle under personal financial hardship. Melon Sep 2025 #19
My company denied a job for sales due to credit Melon Sep 2025 #18
Jobs, nor anything else frankly should be held hostage by a private system that is both gamed, and abused by all parties JCMach1 Sep 2025 #22
DURec leftstreet Sep 2025 #3
Years ago, one of my best friends had a horrible time getting a job. Her fault? chouchou Sep 2025 #8
I assume there are exceptions. Happy Hoosier Sep 2025 #11
Too bad all of the exceptions being mentioned don't include the POTUS. RockCreek Sep 2025 #17
I actually want banking/financial employees to have credit checks. tinrobot Sep 2025 #20
Studies have shown that credit scores are not a predictor in these cases Iris Sep 2025 #21
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