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Elizabeth Warren Points Out How Unfair This Hiring Practice Can Be
Sen. Elizabeth Warren (D-Mass.) and Rep. Steve Cohen (D-Tenn.) are calling for a ban on the ability of employers to check the credit history of their employees, saying that the practice is a form of discrimination unfairly targets people who have suffered as a result of the 2008 financial crisis.
In an op-ed published on Tuesday, the two noted that an employee's credit report had nothing to do with their ability to do their job. They also noted that the 2008 financial crisis had cost many people their homes and given them debt that they are still resolving. Both Warren and Cohen have also reintroduced the Equal Employment for All Act, which would ban employers from checking the credit reports of potential employees with a few exceptions.
I am with this 100% there should only be a very few limited positions of which an employer should be able to inquire about one's credit and they should have to form a nexus to explain it.
Sen. Elizabeth Warren (D-Mass.) and Rep. Steve Cohen (D-Tenn.) are calling for a ban on the ability of employers to check the credit history of their employees, saying that the practice is a form of discrimination unfairly targets people who have suffered as a result of the 2008 financial crisis.
In an op-ed published on Tuesday, the two noted that an employee's credit report had nothing to do with their ability to do their job. They also noted that the 2008 financial crisis had cost many people their homes and given them debt that they are still resolving. Both Warren and Cohen have also reintroduced the Equal Employment for All Act, which would ban employers from checking the credit reports of potential employees with a few exceptions.
I am with this 100% there should only be a very few limited positions of which an employer should be able to inquire about one's credit and they should have to form a nexus to explain it.