Political Quotes

“I come to the floor in support of the Equal Employment for All Act, a bill I introduced today with Senators Blumenthal, Brown, Leahy, Markey, Shaheen, and Whitehouse. This legislation would prohibit employers from requiring prospective employees to disclose their credit history as part of the job application process. It makes sure that hiring decisions are based on an individual's skill and experience--not on past financial problems. This is also about basic fairness. Let people compete for jobs on the merits, not on whether they have enough money to pay all their bills. Many people have bad credit because they hit hard times. They got sick, their husband left or their wife died or they lost their jobs. These are tough events under any circumstances, and they often put a real financial strain on a person. That strain sometimes results in late payments or an increase in the amount of money they must borrow. The problems of bad credit were compounded following the 2008 financial crisis. Millions of people stumbled financially when shrinking home prices left them unable to refinance or to sell a home. Depreciated savings left people with a smaller financial cushion to survive fluctuations in their income. People lost their small businesses and found themselves mired in debt. For too many people, the fallout from the 2008 crisis also damaged their credit.…”