Thursday - December 26, 2024
CFPB Orders Federal Supervision of Google Following Contested Designation
December 06, 2024
WASHINGTON, Dec. 6 -- The Consumer Financial Protection Bureau issued the following news release:

The Consumer Financial Protection Bureau (CFPB) today published an order establishing supervisory authority over Google Payment Corp.

The CFPB is responsible for supervising a wide range of financial firms to ensure they are complying with federal consumer financial protection laws. The CFPB has supervised nonbank entities in certain industries like mortgage and payday lend . . .

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