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.

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

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

Acting CFPB Director Russell Vought on Monday terminated the consent order that $190.2 billion-assest Navy Federal had agreed to in November under former CFPB Director Rohit Chopra. Navy Federal asked ...

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

A group of senators says they have "profound alarm" and are demanding answers over the unprecedented decision by the ...

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

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

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 ...

The Consumer Financial Protection Bureau has dropped a $95 million enforcement action against Navy Federal Credit Union, the latest regulatory pullback by the agency under President Donald Trump.

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 ...