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Google is being targeted for oversight by the Consumer Financial Protection Bureau

The Consumer Financial Protection Bureau has started the process of placing Google under federal supervision.

The CFPB primarily focuses on businesses such as banks and credit unions, but Director Rahit Chopra has voiced an interest over recent years in subjecting tech companies that offer financial products to similar oversight. For instance, the bureau began an investigation into app store payments systems from Amazon, Apple, Facebook, Google, PayPal and Square back in 2021. The preliminary moves by the CFPB to oversee Google, and the agency's entire scope of operation, will likely be impacted by Donald Trump's return to the presidency in early 2025.

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