Google sues after Consumer Financial Protection Bureau orders supervision of its payment arm

Engadget
By Cheyenne MacDonaldDec 7, 2024, 7:08 pm427 ptsTop
The Consumer Financial Protection Bureau (CFPB) on Friday said it has ordered federal supervision of Google Payment Corp. after determining that it meets the legal requirements for such oversight. The CFPB monitors banks, credit unions and other financial institutions, and recently finalized a rule to supervise…

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