US EditionUS judge grants Trump admin request to scrap Biden-era medical debt rule
- A federal judge in Texas granted a request from the Trump administration to eliminate a regulation from Joe Biden's presidency that removed medical debt from credit reports.
- U.S. District Judge Sean Jordan ruled that the regulation exceeded the Consumer Financial Protection Bureau's legal authorities.
- Dan Smith from the Consumer Data Industry Association supported the ruling, stating that medical debt is a valuable indicator of repayment ability.
- Former Vice President Kamala Harris argued that the regulation was essential to assist those with medical debts in affording loans, mentioning it would remove $49 billion in debts from the credit reports of 15 million Americans.
13 Articles
13 Articles
US judge grants Trump admin request to scrap Biden-era medical debt rule
A federal judge in Texas on Friday granted a request from the Trump administration and industry groups to scrap regulations adopted during the final days of Joe Biden's presidency that would have removed consumers' medical debts from their credit reports, court papers showed.
US Judge Grants Trump Admin Request to Scrap Biden-Era Medical Debt Rule
WASHINGTON – A federal judge in Texas on Friday granted a request from the Trump administration and industry groups to scrap regulations adopted during the final days of Joe Biden’s presidency that would have removed consumers’ medical debts from their credit reports, court papers showed. U.S. District Judge Sean Jordan, whom Trump appointed in 2019, agreed with current leadership of the Consumer Financial Protection Bureau and financial industr…
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