FACT SHEET: Vice President Harris Announces Final Rule …
Jan 7, 2025 · Today, Vice President Harris announced a final rule by the Consumer Financial Protection Bureau to remove medical debt from consumer credit reports. This rule will reduce the burden of...
Harris announces ruling removing billions in medical debt from
The final ruling by the Consumer Financial Protection Bureau will remove $49 billion in unpaid medical bills from the credit reports of 15 million Americans.. Harris also said a handful of states ...
CFPB Finalizes Rule to Remove Medical Bills from Credit Reports
Jan 7, 2025 · WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) finalized a rule that will remove an estimated $49 billion in medical bills from the credit reports of about 15 million Americans. The CFPB’s action will ban the inclusion of medical bills on credit reports used by lenders and prohibit lenders from using medical information in …
Prepared Remarks of CFPB Director Rohit Chopra on Medical Debt …
Sep 21, 2023 · Thank you, Vice President Harris. Today, the Consumer Financial Protection Bureau is launching a rulemaking to block medical debt collectors from weaponizing the credit reporting system to coerce patients into paying bills they may not even owe.
FACT SHEET: Vice President Harris Announces Proposal to Prohibit ...
Jun 11, 2024 · American Rescue Plan funds are being used to eliminate an estimated $7 billion in medical debt for up to nearly 3 million of Americans; the Consumer Financial Protection Bureau’s (CFPB)...
FACT SHEET: Biden- Harris Administration Announces New …
Oct 1, 2024 · Today, Vice President Harris announced a series of actions by the Consumer Financial Protection Bureau (CFPB), Department of Defense (DOD), and Department of Health and Human Service...
Biden administration bans unpaid medical bills from appearing on …
Jan 7, 2025 · Vice President Kamala Harris addresses the media after overseeing the counting of the electoral ballots to certifying the 2024 presidential election in the House Chamber at the U.S. Capitol on Monday, Jan. 6, 2025, in Washington. ... The Consumer Financial Protection Bureau rule will remove $49 billion in medical debt from the credit reports of ...
In sweeping change, Biden administration to ban medical debt …
Jun 11, 2024 · The rule, announced by Vice President Kamala Harris and Consumer Financial Protection Bureau Director Rohit Chopra, comes as President Joe Biden beefs up his efforts to persuade Americans his administration is lowering costs, a chief concern for voters in the upcoming election.
White House aiming to scrub medical debt from people's credit …
Sep 21, 2023 · Vice President Kamala Harris says the Biden administration is beginning the process to remove medical bills from people’s credit scores.
Medical debt banned from appearing on credit reports
Jan 7, 2025 · The move to ban reporting of medical deb t to credit bureaus, which can impact consumers’ ability to get a loan for a house, car or small business, will remove some $49 billion from the credit reports of 15 million Americans.