Um, yea it does make sense especially if the position is handling money in any way, OR a security position where the person can be bribed for telling secrets.
Yep! If you read the article, you’ll see that it “exempts jobs that require a national security clearance”, and if it goes forward, it would certainly exempt people with fiduciary duties, audit functions, or other direct financial roles.
If you read the draft bill, you’ll see that’s already in there. It needs to be worded more broadly, but, well, that’s why we have a deliberative process.
(3) Exceptions
Notwithstanding the prohibitions set forth in this subsection, and consistent with the other sections of this Act, an employer may use a consumer report with respect to a consumer in the following situations:
(A) When the consumer applies for, or currently holds, employment that requires national security or FDIC clearance.
(B) When the consumer applies for, or currently holds, employment with a State or local government agency which otherwise requires use of a consumer report.
(C) When the consumer applies for, or currently holds, a supervisory, managerial, professional, or executive position at a financial institution.
(D) When otherwise required by law.