Press Releases

WASHINGTON, D.C. – House Financial Services Committee Chairman French Hill (AR-02) today released the following statement after the Consumer Financial Protection Bureau (CFPB) finalized a rule to remove medical debt from credit reports.

“Director Chopra’s eleventh-hour effort to appease the White House is just another example in a long line of poor decision-making under his leadership. Instead of focusing on enhancing economic opportunity for all consumers, Chopra’s regulatory overreach will drive up costs to any American seeking medical care and have a devastating impact on consumers’ access to healthcare, particularly in rural areas. Once again, the CFPB has blatantly disregarded Senate Banking Committee Chairman Tim Scott and me when, following the election, we clearly directed federal agencies – including the CFPB – to put their pens down and cease all midnight rulemaking. I look forward to working with the incoming Trump Administration to rectify this misguided action.”