British Open leaderboard second-round scores: Scottie Scheffler surges into lead

A federal judge in Texas has thrown a wrench into the financial lives of nearly 15 million Americans by reversing a Biden administration rule that aimed to wipe $50 million in medical debt from credit reports. The decision, handed down on July 11, 2025, by U.S. District Judge Sean Jordan, strikes at a policy finalised by the Consumer Financial Protection Bureau (CFPB) in January, just before Joe Biden left office.
Jordan ruled that the Fair Credit Reporting Act does not grant the CFPB authority to remove medical debt, effectively halting a measure that could have boosted credit scores by an average of 20 points and enabled 22,000 additional mortgages annually. For millions, this reversal could mean higher borrowing costs and limited access to loans, raising urgent questions about personal financial stability.
Comments
Post a Comment