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Will CFPB place Google under formal federal supervision by end of 2024?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from CFPB or Google, major news outlets
Story
CFPB 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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Formal supervision imposed • 25%
Google successfully resists • 25%
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Google wins • 25%
CFPB wins • 25%
Settlement reached • 25%
Case dismissed • 25%
Regulatory overreach • 25%
Compliance failure • 25%
Mutual agreement • 25%
Technicalities • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
European Commission • 25%
U.S. Department of Justice • 25%
Federal Trade Commission • 25%
Other • 25%