I think they can be very severe. We have seen situations where background reports and credit reports have actually blocked people from getting an apartment or a job because they are falsely matched with someone else.
Foster emphasizes the serious consequences of credit reporting errors.
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This bill strengthens FSOC's capability to execute its mission by improving consistency, accountability, and outcomes for our financial system. I appreciate also Ranking Member Waters' support for this bill in committee and urge my…
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