(The Center Square) – Arizona Gov. Katie Hobbs has vetoed a bill seeking to establish that the state ban banks and other financial institutions from using a “social credit score” when making lending decisions concerning customers.
In rejecting the measure proposed by Rep. Steve Montenegro, R-Goodyear, Hobbs countered the legislation does not define “social credit score,” adding that ambiguity played a role in her making the decision to veto the bill.
“This bill is overly vague and should not be codified into law,” Hobbs wrote in her veto letter. “It doesn’t define ‘social credit score’ and this system doesn’t exist anywhere in the United States.”
