AZ, led lawmakers accusing the bureau of “lip service” over its refocus toward “threats” to service members and veterans, in its “abrupt” reversal on a $95 million penalty against the credit union.

The Consumer Financial Protection Bureau, led by President Trump’s administration, has dropped a case against Navy Federal Credit Union.

Republicans have long targeted the Consumer Financial Protection Bureau for elimination. It survives, for now, but has ...

CFPB ordered Navy Federal in November 2024 to pay $80 million to service members unfairly charged overdraft fees. CFPB ...

Earlier this month, as Republicans raced to get their “big, beautiful” billionaire tax cut package across the line, the ...

Former officials from the Consumer Financial Protection Bureau, or CFPB, are calling the watchdog's choice to let Navy Federal Credit Union off the hook for charging its members millions in illegal ...

The Consumer Financial Protection Bureau terminated an order requiring NFCU to reimburse $80 million to customers.

We firmly believe the CFPB’s decision to terminate the order was appropriate." Navy Federal is, by far, the largest credit union in the country with roughly 14 million members and $180 billion ...

NEW YORK (AP) — In the nearly six months since the Trump administration has had control of the Consumer Financial Protection ...

Navy Federal Credit Union will no longer have to refund $80 million to servicemen and women for illegally charging them overdraft fees on their accounts, after the President Donald Trump-led ...

The top U.S. watchdog agency for consumer finance this week canceled a $95 million settlement reached last year with Navy Federal Credit Union, a lender officials in the prior administration had ...

Neither Navy Federal nor the CFPB has offered an official statement explaining the move. In a now-removed news release , the CFPB had explained that, between 2017 and 2021, Navy Federal collected ...