Letter comes after Trump’s CFPB refused to explain why it cancelled an order requiring Navy Federal to pay back servicemembers and military families ASHINGTON – Today, Senators Ruben Gallego (D-AZ) and Elizabeth Warren (D-MA) and Representatives Maxine Waters (CA-43) and Bill Foster (IL-11) are demanding answers from Navy Federal Credit Union (NFCU) about its overdraft fee practices after the Consumer Financial Protection Bureau (CFPB) cancelled its 2024 order requiring Navy Federal to pay over $95 million for its illegal use of surprise overdraft fees.   “As the CFPB explained in its order, Navy Federal—in violation of the Consumer Financial Protection Act—charged its customers roughly $80 million in surprise overdraft fees between 2017 and

WASHINGTON – Senator Ruben Gallego (D-AZ) joined Senate Democratic colleagues in introducing the Lowering Electric Bills Act, which would restore the Inflation Reduction Act (IRA) clean energy tax credits and lower energy costs for working families. Last month, Republicans stripped funding for the IRA’s clean energy tax credits in their ‘Big Beautiful Bill’ which will raise energy costs for Americans by hundreds of dollars, kill almost a million jobs, and shrink GDP by $1.1 trillion.   “When they voted for their ‘Big Beautiful Bill,’ Republicans wiped out the investments that were lowering electricity costs for hardworking families, creating tens of thousands of good-paying jobs, and bringing billions

The Capping Prescription Costs Act would cap annual out-of-pocket prescription drug costs per year at $2,000 for individuals and $4,000 for families WASHINGTON – Senator Ruben Gallego (D-AZ) is backing the Capping Prescription Costs Act, legislation that would lower prescription drug costs for millions of Americans by placing annual caps on out-of-pocket costs for prescription drugs at $2,000 for individuals and $4,000 for families with private insurance.   “No one should have to choose between putting food on the table and filling a prescription,” said Senator Gallego. “But right now, too many Arizonans are forced to skip doses, cut pills in half, or make impossible financial decisions that