Google reportedly facing mandatory oversight by Consumer Financial Protection Bureau
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Google, a subsidiary of Alphabet Inc, may soon be under direct federal supervision by the Consumer Financial Protection Bureau (CFPB), which seeks to expand its oversight to include Google's financial operations.
November 14, 2024 | 6:45 pm
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Google, part of Alphabet Inc, may be subject to direct federal supervision by the CFPB, which wants to expand its oversight to include Google's financial operations.
The potential for increased regulatory oversight by the CFPB could lead to operational changes and increased compliance costs for Google, impacting Alphabet Inc's financial performance.
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