The Consumer Financial Protection Bureau's move could lead to providers seeking high payments before treatment, an economist warns. A health scholar says it could protect patients' financial futures.
The Consumer Financial Protection Bureau (CFPB) issued a new rule Tuesday that will hide nearly $50 billion in medical bills from credit reports, a move that could ultimately make life harder for everyday Americans who are already struggling to get by.
The Consumer Financial Protection Bureau is removing medical debt from credit reports. NPR's Steve Inskeep speaks with Benedic Ippolito, an economist at the American Enterprise Institute, about the move.
Organizations that represent Amazon, Apple, Meta, PayPal, OpenAI and many other large technology companies accuse the consumer watchdog, which has given itself authority over companies that facilitate at least 50 million consumer payment transactions per year,
With President Joe Biden’s term nearly over, federal agencies should be winding down activities for the year and preparing for enormous changes in their leadership and policy goals. However, one relatively small but powerful agency,
The consumer watchdog agency is closing out President Joe Biden's term with guns blazing, issuing new rules and regulations at a furious pace. However, many of them could be reversed by the incoming Trump administration.
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PM pins hope on 8-fold growth in EV sales; urges investment in auto sector