WASHINGTON, July 29 (Reuters) - The reversal of dozens

of enforcement actions by the U.S. Consumer Financial Protection

Bureau has jeopardized more than $360 million in compensation to

consumers allegedly harmed by financial companies, according to

an analysis released Tuesday by pro-consumer organizations.

The compensation relates to allegations of predatory

practices by lenders, student loan servicers, money transfer

businesses and others pursued by the CFPB in recent years.

The latest estimate from the Consumer Federation of America and

Student Borrower Protection Center adds to what critics of

President Donald Trump's administration say is the mounting cost

to ordinary people from his clampdown on the CFPB.

The two organizations also said last month that the CFPB's

rollback of regulations on overdraft and credit card late fees

and the dismissal of enforcement cases would increase consumer

costs by $18 billion.

The CFPB's current leaders have said they are changing the

agency's focus and have criticized prior enforcement actions as

politicized and unfair attacks on free enterprise. The agency

now says it can meet its obligations under the law with about

90% fewer employees.

According to the analysis released Tuesday, recent CFPB actions

to revise or cancel consumer payouts due from settlements dating

back as far as 2023 with Navy Federal Credit Union, the lending

arm of Toyota ( TM ), National Collegiate Student Loan Trusts

and the money transfer company Wise together account for more

than $120 million.

The authors, former top CFPB officials Eric Halperin and Allison

Preiss, say these reversals cast doubt on dozens of other prior

cases involving more than $244 million in further consumer

payouts that the CFPB may have yet to approve or process, such

funds arising from actions against Cash App parent Block

and student loan processor Navient ( NAVI ).

Congress created the CFPB following the 2008 financial

crisis to protect consumers from unfair, deceptive or abusive

practices. A federal appeals court in Washington has yet to

decide on the legality of the CFPB's attempt this year to

dismiss the vast majority of its staff.