Business Analyst: Federal judge rules against Biden-era rule erasing medical debt

(QUEEN CITY NEWS) -- A Biden-era rule that would have wiped medical debt from millions of Americans’ credit reports—and boosted scores nationwide—has been struck down. A federal judge sided with a lawsuit from a major credit union challenging the Consumer Financial Protection Bureau’s authority to implement the change. Chief Business Correspondent Taylor Young explains what the decision means for consumers still burdened by medical bills.