Bill Proposes to Fix Credit Reports for Federal Employees

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By on February 20, 2019 in Pay & Benefits with 0 Comments

Close up of three credit cards lying in a spread pattern

Recently introduced legislation says that it would fix the credit reports of federal employees whose credit was negatively impacted by the recent partial government shutdown.

Introduced by Senator Brian Schatz (D-HI), the Protect Federal Workers Credit Act (S. 535) would force credit bureaus to remove negative information that was placed on the credit reports of federal workers and contractors who missed payments as a result of a government shutdown. It would apply to future shutdowns as well as the most recent one.

The bill has two co-sponsors at the time of this writing, Senators Mark Warner (D-VA) and John Kennedy (R-LA).

“Our federal workers and contractors shouldn’t have their financial lives ruined because leaders in Congress and the White House can’t get their act together,” said Schatz. “Our bill will protect federal employees and contractors and make sure their credit reports don’t take a hit if they fall behind on payments during a government shutdown.”

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Ian Smith is one of the co-founders of FedSmith.com. He enjoys writing about current topics that affect the federal workforce.

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