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The Consumer Financial Protection Bureau ( CFPB ) has taken steps to place Google under schematic Union superintendence , a move that could subject the caller to the same inspection the government enforce on major banks .
Accordingto The Washington Post , the CFPB has been in talk with Google for months about the supervision ordination , which has n’t yet been made final . forge in 2008 , the CFPB has broad powers to protect consumers from unfair , delusory , or predatory financial recitation , including affording regulators access to a company ’s internal record to guarantee their activities are sound — and try remedies if they ’re not .
The accurate reach of the CFPB ’s concerns with Google is n’t clear , observe The Post , and the political destiny of the bureau ’s work under director Rohit Chopra is also in doubt . But the move adds to Google ’s regulatory headaches in the U.S. , where it’slost a major antimonopoly run and faces another over its advertising technology .
