WASHINGTON, DC - JUNE 10: U.S. Vice President Kamala Harris delivers remarks during a concert marking Juneteenth on the South Lawn of the White House on June 10, 2024 in Washington, DC. President Joe Biden In 2021 signed legislation establishing as a Federal holiday Juneteenth, which commemorates the ending of slavery in the United States. (Photo by Kent Nishimura/Getty Images) (Kent Nishimura, 2024 Getty Images)
The Biden administration is moving to ban medical debt from credit reports.
Vice President Kamala Harris said Tuesday that the proposed rule, taken through the Consumer Financial Protection Bureau, would reduce the number of Americans with medical debt listed on their credit reports to zero, down from 46 million in 2020.
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In a press call Tuesday, Harris said the move would help improve the financial health and well-being of millions of Americans.
