Senators Reed and Whitehouse criticize the Trump Administration for reversing a rule on medical debt's impact on credit scores.
Quiver AI Summary
Senators Jack Reed and Sheldon Whitehouse, along with colleagues, are calling on the Trump Administration to clarify its reversal of a medical debt rule that would have lifted medical debt from consumer credit reports. They claim that nearly 15 million Americans could have benefited from an average credit score increase of 20 points under the original rule.
The reversal, supported by a Texas judge, is seen as detrimental to consumers burdened by medical debt, which affects their ability to access loans and housing. The senators emphasize the need for transparency regarding the Consumer Financial Protection Bureau's decision-making process, urging the release of data that informed the rule's reversal.
The letter highlights that inaccurate medical debt negatively impacts credit scores, with many debts stemming from billing errors. The senators stress that medical debt shouldn't be an indicator of creditworthiness and request the CFPB to disclose all communications related to the reversal.
Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.
Sheldon Whitehouse Net Worth
Quiver Quantitative estimates that Sheldon Whitehouse is worth $20.7M, as of July 15th, 2025. This is the 51st highest net worth in Congress, per our live estimates.
Whitehouse has approximately $17.4M invested in publicly traded assets which Quiver is able to track live.
You can track Sheldon Whitehouse's net worth on Quiver Quantitative's politician page for Whitehouse.
Sheldon Whitehouse Bill Proposals
Here are some bills which have recently been proposed by Sheldon Whitehouse:
- S.2243: A bill to require the Administrator of the Environmental Protection Agency to assess certain fees on shipping and other vessels, and for other purposes.
- S.2235: A bill to amend the Energy Policy Act of 2005 to reauthorize the diesel emissions reduction program.
- S.2096: Daniel J. Harvey, Jr. and Adam Lambert Improving Servicemember Transition to Reduce Veteran Suicide Act
- S.2069: Stabilize Medicaid and CHIP Coverage Act
- S.2063: ESTUARIES Act of 2025
- S.1947: OCTOPUS Act of 2025
You can track bills proposed by Sheldon Whitehouse on Quiver Quantitative's politician page for Whitehouse.
Sheldon Whitehouse Fundraising
Sheldon Whitehouse recently disclosed $47.7K of fundraising in a Q1 FEC disclosure filed on April 15th, 2025. This was the 553rd most from all Q1 reports we have seen this year. 100.0% came from individual donors.
Whitehouse disclosed $122.2K of spending. This was the 359th most from all Q1 reports we have seen from politicians so far this year.
Whitehouse disclosed $1.2M of cash on hand at the end of the filing period. This was the 205th most from all Q1 reports we have seen this year.
You can see the disclosure here, or track Sheldon Whitehouse's fundraising on Quiver Quantitative.
