The Biden administration unveiled regulations that potentially would help tens of millions of people who have medical debt on their credit reports.
Rohit Chopra is director of the Consumer Financial Protection Bureau, the part of the government that is proposing the new rules.Rohit Chopra is director of the Consumer Financial Protection Bureau, the part of the government that is proposing the new rules.federal rules barring unpaid medical bills from affecting patients' credit scores.
"These measures will improve the credit scores of millions of Americans so that they will better be able to invest in their future," Harris said.Enacting new regulations can be a lengthy process. Administration officials said Thursday that the new rules would be developed next year. But the move by the Biden administration drew strong praise from patients' and consumer groups, many of whom have been pushing for years for the federal government to strengthen protections against medical debt.
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