Congressman Flood: CFPB's Change to Credit Checks Hurts Consumers, Threatens Financial System Stability
June 11, 2024
June 11, 2024
WASHINGTON, June 11 -- Rep. Mike Flood, R-Nebraska, issued the following news release:
Today, U.S. Congressman Mike Flood issued a statement following news that the Consumer Financial Protection Bureau (CFPB) is moving to exempt medical bills from credit checks.
"Time and again, Director Chopra has wielded power he doesn't have, and this time is no different. His attempt to exempt medical debt from credit checks is bad news for both consumers and financial institut . . .
Today, U.S. Congressman Mike Flood issued a statement following news that the Consumer Financial Protection Bureau (CFPB) is moving to exempt medical bills from credit checks.
"Time and again, Director Chopra has wielded power he doesn't have, and this time is no different. His attempt to exempt medical debt from credit checks is bad news for both consumers and financial institut . . .