S. 656 Introduced Finance and Financial Sector

Fair Credit for American Hostages Act of 2025

A bill to amend the Fair Credit Reporting Act to prohibit consumer reporting agencies from furnishing consumer reports containing adverse items of information about a consumer that resulted from that consumer being unlawfully or wrongfully detained abroad or held hostage abroad.

  1. Introduced
  2. Committee
  3. Passed Senate
  4. Passed House
  5. To President
  6. Became law
Sponsor Sen. Coons, Christopher A. [D-DE] Introduced February 20, 2025 Cosponsors 6 (4 R, 2 D) Latest action February 20, 2025

Summary

Fair Credit for American Hostages Act of 2025
This bill prohibits a consumer reporting agency from including adverse credit information on a consumer's credit report from an event that occurred during a time when that consumer was held hostage or wrongfully detained abroad.

Summary by the Congressional Research Service, Library of Congress.

Congress.gov

Actions

  1. Feb 20, 2025 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  2. Feb 20, 2025 Introduced in Senate

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