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

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 RIP” was Elon Musk’s tweet on Feb. 7, when the billionaire was slashing his way through federal agencies at the behest of his then-ally, President Donald Trump.Rohit Chopra, former director of ...

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

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 ...

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

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 ...

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 ...