CFPB Seeks to Place Google Under Federal Supervision

The move could subject Google to rigorous inspections similar to those imposed on major banks.

The Consumer Financial Protection Bureau (CFPB) is reportedly working to bring Google under its federal supervision, according to sources familiar with the discussions.
Such supervision would allow the CFPB to access Google's internal records and subject the company to regular inspections.
Google has resisted this move during months of secretive talks, and both the CFPB and Google have declined to comment.
This development adds to Google's existing regulatory challenges, including potential business divestitures and antitrust cases.
The political landscape could shift with President-elect Donald Trump, who may alter the CFPB's approach and leadership.