Elizabeth Warren introduces bill to ban employers from running credit reports in hiring

[TheProle]

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