WATCH: Gallego Grills OMB Director Russ Vought on Abandoning America’s Service Members and Veterans

WASHINGTON – Today, during a Senate Banking, Housing, and Urban Affairs Committee hearing, Senator Ruben Gallego (D-AZ) questioned Director of the Office of Management and Budget (OMB) and Acting Director of the Consumer Financial Protection Bureau (CFPB) Russell Vought on his actions gutting critical support for service members and letting companies off the hook for ripping off veterans. Senator Gallego grilled Vought about his decision to cancel the CFPB’s 2024 order requiring Navy Federal Credit Union to pay over $95 million for its illegal use of surprise overdraft fees – a payment Navy Federal had already agreed to make. “Navy Federal Credit Union was caught charging its members millions in surprise overdraft fees. These members are active-duty, veterans, DoD employees, and their families. I was once a young Marine. Every dollar really does matter when you are a young Marine,” said Senator Gallego . “The last CFPB ordered Navy Federal to pay a $15 million penalty and refund more than $80 million back to those service members’ pockets. I think that is a very just outcome. But you tore up that consent order.” Last year, Senator Gallego led seven of his colleagues in condemning the termination of the consent order. Watch Senator Gallego’s full questioning HERE .