Bill > S2798

This bill, known as the "Equal Employment for All Act of 2025," proposes to amend the Fair Credit Reporting Act to significantly restrict employers' ability to use consumer credit reports in employment decisions. Under the proposed legislation, employers would be generally prohibited from using consumer reports that contain information about an individual's creditworthiness, credit standing, or credit capacity when making employment-related decisions or taking adverse actions against current or prospective employees. The bill does provide two key exceptions to this prohibition: employers may still use credit reports for positions that require national security clearance and when credit checks are otherwise legally required. The legislation aims to prevent employment discrimination based on an individual's financial history by ensuring that most employers cannot access or use credit information as a basis for hiring, firing, or making other employment-related decisions. Importantly, the bill maintains that even if an employee consents to a credit check, employers still cannot use the information to make adverse employment decisions, with the narrow exceptions noted. The proposed law would modify existing provisions of the Fair Credit Reporting Act to implement these restrictions and ensure consistent application across different sections of the statute.

Housing and Urban Affairs

https://www.congress.gov/bill/119th-congress/senate-bill/2798/all-info