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 ...

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.

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

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 ...

A group of senators says they have "profound alarm" and are demanding answers over the unprecedented decision by the government's consumer watchdog to drop its case against Navy Federal Credit Union ...

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

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

The Navy Federal action marks the second recent high-profile enforcement action directed at a credit union by CFPB. Last week, it sanctioned the $14.7 billion-asset Vystar Credit Union in Jacksonville ...

Through its “Optional Overdraft Protection Service,” known as “OOPS,” Navy Federal charged consumers $20 for most overdraft transactions, the CFPB release said. The credit union collected ...

Navy Federal Credit Union will pay $95 million in fees and refunds for charging illegal overdraft fees to its customers, the Consumer Financial Protection Bureau announced Thursday.. According to the ...