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S. 3441 116th Congress Senate

Fair Hiring in Banking Act

Official title: A bill to amend the Federal Deposit Insurance Act to provide exceptions to the prohibition on participation by individuals convicted of certain offenses, and for other purposes.

Introduced: September 17, 2020 See on congress.gov
Finance and Financial Sector
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This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 11, 2020
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Mar 11, 2020
Introduced in Senate
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 Latest action March 11, 2020

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 Plain-English summary Congressional Research Service

Fair Hiring in Banking Act

This bill exempts certain individuals convicted of a crime from specified requirements related to employment by an insured depository institution. Specifically, written consent from the Federal Deposit Insurance Corporation is not required for an institution to hire an individual convicted of a criminal offense involving dishonesty, a breach of trust, or money laundering

  • 7 years after the individual meets sentencing requirements;
  • for an individual who committed the offense while under the age of 21, 30 months after the individual meets sentencing requirements; or
  • if the conviction was pardoned, sealed, or expunged.
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 3
All 3 Democratic 1 Republican 2
D
Coons, Christopher A.
Delaware · Sep 17, 2020
 R
Cornyn, John
Texas · Mar 11, 2020
 R
Tillis, Thomas
North Carolina · Mar 11, 2020
Cite this page click to expand
APA
U.S. Congress. (2026). S. 3441: Fair Hiring in Banking Act. 116th Congress. Open America. https://openamerica.io/bill/116-S-3441/
MLA
"S. 3441: Fair Hiring in Banking Act." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-S-3441/.
Bluebook (legal)
S. 3441, 116th Cong. (2026), https://openamerica.io/bill/116-S-3441/.
Markdown link
[S. 3441: Fair Hiring in Banking Act](https://openamerica.io/bill/116-S-3441/)
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