The Biden Administration revealed a plan on Tuesday that aims to eliminate around $49 billion in medical debt from the credit reports of approximately 15 million Americans.

A fresh regulation from the Consumer Financial Protection Bureau will prohibit the reporting of medical expenses on credit reports and will prevent creditors from considering medical data when making lending decisions.

Here’s what this means for consumers.

Why conservatives are interested in cryptocurrency

Think about which groups in America are most excited about cryptocurrencies, and you might picture Millennials, tech enthusiasts, and men.

But what about Republicans? They might not be the first group that comes to mind.

However, a recent study by the University of Pennsylvania indicates that Republicans are more inclined than Democrats to invest in cryptocurrencies, with certain regions showing a greater enthusiasm than others. For instance, Texans appear to have a stronger affinity for bitcoin compared to residents of Oregon.

This research could shed light on why President-elect Donald Trump has expressed notable support for cryptocurrencies.

🍔 Today’s Highlights 🍔

McDonald’s has recently revised its policies on diversity, equity, and inclusion (DEI), as reported by Jessica Guynn, amid rising tensions between DEI advocates and political conservatives, coinciding with the incoming Trump administration.

In light of the Supreme Court’s ruling in 2023, which outlawed affirmative action in college admissions and the shifting views on DEI, the fast-food chain announced on Monday that it will cease setting targets to enhance diversity in upper management.

For further insights into the challenges surrounding corporate DEI, check out the full story.

About The Daily Money

Every weekday, The Daily Money offers the latest consumer and financial updates from YSL News, simplifying intricate events, providing quick summaries, and detailing how various occurrences—from changes in Fed rates to bankruptcy cases—affect you.