U.S. Senator Tim Scott from South Carolina has expressed his concerns over the Consumer Financial Protection Bureau's (CFPB) final rule on medical debt. In a statement, he criticized CFPB Director Rohit Chopra, stating, "With just days left in the Biden administration, CFPB Director Chopra is pressing forward in his pursuit of headlines and political talking points over sound policy decisions."

Senator Scott emphasized that medical debt remains a significant issue for many Americans but argued that the new rule fails to address fundamental problems. According to him, it will instead limit access to credit and essential health care services while posing risks to lenders and medical providers.

Scott conveyed his intention to collaborate with the next CFPB Director to mitigate what he perceives as negative impacts of current policies. He stated his commitment "to find real solutions to support families across the country."

Previously, on November 17th, Senator Scott had sent a letter urging the Biden administration’s financial and housing regulators to halt rulemaking activities. He also requested President Biden withdraw certain nominations before committee consideration.

During a Senate Banking Committee hearing in December, Scott criticized Director Chopra for disregarding calls to pause rulemaking despite other regulators agreeing not to advance proposals or finalize rules ahead of President Trump’s inauguration.