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7/14/2025, 12:14:26 PM
Oh, you thought that medical debt wouldn't affect your ability to get a mortgage or loan? Not with Trump back in charge. Pay debnts, you lazy fucking deadbeats:
https://www.reuters.com/legal/litigation/us-judge-grants-trump-admin-request-scrap-biden-era-medical-debt-rule-2025-07-11/
>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 Joe Biden's presidency that 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 industry trade groups that the rule, adopted in January, exceeded the CFPB's legal authorities and should be vacated.
>Representatives of the CFPB, which ceased defending the rule after President Donald Trump took office this year, did not respond to a request for comment.
>However, Dan Smith, head of the Consumer Data Industry Association lobbying group, welcomed the decision, adding that medical debt helped indicate whether consumers could repay their debts. "This is the right outcome for protecting the integrity of the system," he said in a statement.
https://www.reuters.com/legal/litigation/us-judge-grants-trump-admin-request-scrap-biden-era-medical-debt-rule-2025-07-11/
>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 Joe Biden's presidency that 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 industry trade groups that the rule, adopted in January, exceeded the CFPB's legal authorities and should be vacated.
>Representatives of the CFPB, which ceased defending the rule after President Donald Trump took office this year, did not respond to a request for comment.
>However, Dan Smith, head of the Consumer Data Industry Association lobbying group, welcomed the decision, adding that medical debt helped indicate whether consumers could repay their debts. "This is the right outcome for protecting the integrity of the system," he said in a statement.
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