A federal judge in Texas has reversed a Biden administration rule that wiped medical debt from credit reports, affecting nearly 15 million Americans.
The rule, which did not discharge debt but changed how credit scores could be calculated, would have removed $50 million of medical debt from credit reports.
U.S. District Judge Sean Jordan, who was appointed by Donald Trump during his first term, claimed in his decision that the Fair Credit Reporting Act does not allow the Consumer Financial Protection Bureau (CFPB) to remove medical debt from reports.
If you’re under the impression that that precedent is going to be used and enforced by the Tribunal of Six in anything resembling an even-handed manner, I’ve got a bridge in Brooklyn to sell you.