Medical debt banned from credit reports by new Biden administration rule

Unpaid medical bills will no longer appear on credit reports, where they can block people from getting mortgages, car loans or small business loans, according to a final rule announced Tuesday by the Biden administration. The Consumer Financial Protection Bureau rule will remove $49 billion in medical debt from the credit reports of more than

Fed’s Top Regulator Michael Barr to Resign Early to Avoid ‘Dispute’ Over Role

Investors anticipate a change in regulatory pursuits at the Federal Reserve. Michael Barr, the Federal Reserve’s vice chair for supervision, confirmed he will step down on Feb. 28 to avoid a distraction over the central bank’s banking regulatory mission. Barr announced on Jan. 6 that he would resign before his term expires in July 2026.

Confirm Pete Hegseth

Senate Majority Leader John Thune (R., S.D.) has privately told President-elect Donald Trump that he believes that Pete Hegseth, Trump’s pick to run the Pentagon, has the votes to be confirmed. We hope that’s the case. Hegseth brings impressive academic credentials combined with real-world experience—in his case, a distinguished record of service in the Army,