Google Faces New Regulations and Legal Battle as CFPB Implements Oversight Order
Washington, D.C. – In a significant regulatory move, the Consumer Financial Protection Bureau (CFPB) has decided to place Google under its direct supervision. The tech giant, renowned for its expansive digital services and influential market presence, is now facing legal action as a result of this oversight. This marks a pivotal moment as it is the first time the CFPB has extended its regulatory arm to encompass a major player from the technology sector, traditionally overseen by other federal agencies like the Federal Trade Commission. The decision to bring Google under its purview comes amid … Read more