A federal judge in Texas reversed a Biden-era rule on Friday that permitted medical debt to be wiped from credit reports, according to court documents.

U.S. District Judge Sean Jordan, a 2019 appointee of President Trump, said the rule by the previous administration exceeds the authority of the Consumer Financial Protection Bureau. The CFPB, an independent agency, finalized the rule in January as former President Biden was set to leave the White House.

The Biden administration estimated that the action would remove nearly $50 billion of medical debt from the........

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