The lame duck Biden administration’s Consumer Financial Protection Bureau (CFPB) issued a new rule Tuesday that will hide an estimated

The CFPB said the new rule will remove an estimated $49 billion in medical bills from the credit reports of about 15 million Americans.

Officials said the new regulation, adopted despite objections from the banking and consumer data industries, would remove $49 billion in medical bills from the credit reports of about 15 million Americans.

Americans won’t have to worry about unpaid medical bills damaging their credit reports and scores much longer.

Joe Biden has blocked unpaid medical bills from appearing on credit reports according to a final rule announced Tuesday by the Biden administration. Unpaid medical bills showing on credit reports can block people from mortgages,

The rules ban credit agencies from including medical debts on consumers’ credit reports and prohibit lenders from considering medical information in assessing borrowers.