President Joe Biden's outgoing administration announced on Tuesday a ban on medical debt in American consumers' credit reports, making good on a campaign year pledge less than two weeks before leaving office.

In a final push before leaving office, President Joe Biden’s administration has announced a ban on including medical debt in American consumers’ credit reports. This new regulation, adopted despite objections from the banking and consumer data industries,

The Biden administration announced a ban on medical debt in credit reports, impacting 15 million Americans by removing $49 billion in medical bills. The rule, backed by Kamala Harris, aims to provide economic relief and improve access to mortgages,

The Biden Administration announced an initiative Tuesday to remove an estimated $49 billion in medical debt from credit reports.

Americans won’t have to worry about unpaid medical bills damaging their credit reports and scores much longer.

The rules ban credit agencies from including medical debts on consumers’ credit reports and prohibit lenders from considering medical information in assessing borrowers.