With how awful credit scoring is in the US, this is probably the only option going forward to actually fix it. Right now there's nothing stopping credit scores

With how awful credit scoring is in the US, this is probably the only option going forward to actually fix it. Right now there's nothing stopping credit scores from being heavily politicized anyways, it's just a few bribes and favors away. Allowing private companies to control this information hasn't fixed anything at all and just left our information even more vulnerable to leaks or being sold. The rest of his plan involves shrinking the usage of credit scores so that it doesn't affect employment, housing or insurance so I imagine this would lead (ideally) to the general phasing out of the ubiquitous credit scoring nonsense we have to deal with.