H.R. 5911 would amend statutory prohibitions and limitations that restrict the hiring of certain individuals convicted of criminal offenses by insured depository institutions and insured credit unions
On February 9, 2022, CBO transmitted a cost estimate for H.R. 5911, the Fair Hiring in Banking Act, as Ordered Reported by the Committee on Financial Services on November 16, 2021. The two versions of the bill are similar and CBO’s estimates of their budgetary effects are the same.
