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CFPB ordered Navy Federal in November 2024 to pay $80 million to service members unfairly charged overdraft fees. CFPB ...
Congress overturned a rule that would have capped overdraft fees at some banks and credit unions. Consumer Investigator Caresse Jackman explains what that means for your money and how to avoid those ...
The Consumer Financial Protection Bureau's reversal on its settlement with Navy Federal Credit Union is part of a broader pattern.
A group of senators says they have "profound alarm" and are demanding answers over the unprecedented decision by the ...
The Consumer Financial Protection Bureau has seen its enforcement efforts grind to a halt under the Trump administration.
In the nearly six months since the Trump administration has had control of the Consumer Financial Protection Bureau, the ...
Former officials from the Consumer Financial Protection Bureau, or CFPB, are calling the watchdog's choice to let Navy ...
Navy Federal Credit Union will not pay a $15 million fine or $80 million in restitution to service members who were illegally charged surprise overdraft fees when their accounts had sufficient funds.
The 940-page “One Big Beautiful Bill Act,” as it’s formally titled, has consumed Congress as its shared priority with the president.
The CFPB dismissed an order requiring NFCU to refund $80 million to consumers, stop charging illegal overdraft fees, and pay a $15 million civil penalty to victims relief fund.