“Senator Feinstein’s bill proposes to restrict an employer from using a “consumer’s creditworthiness, credit standing, or credit capacity” in making any employment decision or for the basis of taking any adverse action—regardless of whether a consumer gives an employer consent to use such information.
The only exceptions to this prohibition would be for:
1) national security or FDIC clearance;
2) employment with state or local government agency which requires the use of this information;
3) employment in a management position with access to customer funds at a financial institution; or
4) as otherwise required by law.”
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