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VisitCFPB Moves to Place Google Under Federal Supervision: TechCrunch, Washington Post
Nov 14, 2024, 02:10 PM
The Consumer Financial Protection Bureau (CFPB) is reportedly taking steps to place Google under formal federal supervision, according to sources including TechCrunch and The Washington Post. This extraordinary move may lead to regular inspections and monitoring similar to those applied to major banks. The exact scope of the CFPB’s concerns is not clear, and its order does not appear to be final. Google has fiercely resisted this move.
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Markets
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