Washington: A federal judge in Texas on Friday granted a request from the Trump administration and industry groups to scrap regulations adopted during the final days of Joe Biden’s presidency that would have removed consumers’ medical debts from their credit reports, court papers showed.
U.S. District Judge Sean Jordan, whom Trump appointed in 2019, agreed with current leadership of the Consumer Financial Protection Bureau and financial industry trade groups that the rule, adopted in January, exceeded the CFPB’s legal authorities and should be vacated.
Representatives of the CFPB, which ceased defending the rule after President Donald Trump took office…