Report: CFPB Aims to Place Google Under Formal Federal Supervision
GOOGAlphabet(GOOG) PYMNTS.com·2024-11-15 02:37

The Consumer Financial Protection Bureau reportedly aims to place Google under formal federal supervision.The Washington Post reported Thursday (Nov. 14) and said in a post on social platform X that the move “could subject the technology giant to the regular inspections and other rigorous monitoring that the government imposes on major banks.”The Consumer Financial Protection Bureau has taken steps to place Google under formal federal supervision, a move that could subject the technology giant to the regula ...