CURRENT EVENTS July 14 - July 20


Yet another Biden-era reform intended to make life easier for some Americans has been quashed. Late last week, a Trump-appointed federal judge struck down a rule issued by the Consumer Financial Protection Bureau that would have removed all medical debt from being included in people’s credit reports.


Judge Sean Jordan of the U.S. District Court of Texas’ Eastern District issued the decision Friday, declaring that the CFPB’s rule surpassed the limits of its authority. The agency previously stated its rule would have significantly improved the credit scores of millions of Americans. It’s the latest setback for the CFPB, which the Trump administration has effectively destroyed.

In March 2022, the CFPB published a report highlighting the burden of medical debt. It found that Americans owed at least $88 billion of medical debt in 2021, which represented 58% of all third-party debt collection tradelines. Debt collectors also often hounded people who had already paid off their medical bills, it found. The report concluded that medical debt was a poor indicator of people’s credit trustworthiness, especially given that it’s usually incurred through emergency and unexpected health problems. The CFPB’s pressure soon led the three major credit reporting agencies to announce that they would remove many forms of medical debt from their calculation of credit reports.
Wait....I thought Pubs were against a single US District Judge issuing a sweeping opinion striking governmental policy.
 
Do any of our house Pubs have the balls to disavow Trump after the 10-15 separate things he’s done this week that would have led to the unanimous impeachment of any prior president? Ram? Calla? Have all of you been so castrated by your political allegiance that you can’t call this shitshow what it is?
 
Wait....I thought Pubs were against a single US District Judge issuing a sweeping opinion striking governmental policy.
Against it until they are for it....

If it aligns with what master trump wants they they forget they ever had an opinion.
 
Do any of our house Pubs have the balls to disavow Trump after the 10-15 separate things he’s done this week that would have led to the unanimous impeachment of any prior president? Ram? Calla? Have all of you been so castrated by your political allegiance that you can’t call this shitshow what it is?
Ram is too busy right now combing the depths of the right wing fever swamp on the World Wide Web to figure out how he can prove to us that Adolf Hitler was actually a flaming lib.
 
Wait....I thought Pubs were against a single US District Judge issuing a sweeping opinion striking governmental policy.
This is a bit of a different context. This was a claim brought under the APA. Vacatur of the rule is a common remedy. It's not a nationwide injunction.
 
Back
Top