In a major ruling on July 11, U.S. District Judge Sean Jordan sided with the Trump administration and financial trade groups to strike down a CFPB rule that would have removed medical debts from credit reports. The regulation, introduced during Biden's final days in office, aimed to ease loan access for millions of Americans burdened by medical bills. New India Abroad reports that the judge ruled the Consumer Financial Protection Bureau overstepped its legal authority. While industry groups welcomed the move, critics argue it harms consumers affected by unplanned medical emergencies. The rule, once supported by Kamala Harris, intended to erase $49 billion in debt from the records of 15 million people.
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Biden Era Medical Debt Rule

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