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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 ...
CFPB ordered Navy Federal in November 2024 to pay $80 million to service members unfairly charged overdraft fees. CFPB ...
Trump has directed federal agencies to slash regulation, but some are going further. The CFPB isn’t simply changing rules ...
Republicans have long targeted the Consumer Financial Protection Bureau for elimination. It survives, for now, but has ...
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 ...
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 ...
The Consumer Financial Protection Bureau terminated an order requiring NFCU to reimburse $80 million to customers.
This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. The Consumer Financial Protection Bureau said Tuesday ...
The Consumer Financial Protection Bureau (CFPB) announced a consent order with Navy Federal Credit Union (Navy Federal) on October 11, 2016. While financial institutions should always analyze CFPB ...
The CFPB ordered Navy Federal to refund over $80 million in fees improperly charged to affected customers. The largest credit union in the U.S. is also barred from charging illegal overdraft fees.