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US Taking Steps To Put Google Under Federal Supervision, Report Says
The US Consumer Financial Protection Bureau (CFPB) has taken steps to put Alphabet's Google under formal federal supervision, the Washington Post reported, potentially mounting yet another regulatory challenge for the Big Tech giant.
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US Supreme Court Weighs Limitations To Federal Agencies' Regulatory Powers
The US Supreme Court on Tuesday began hearing a series of cases that could result in a generational contraction in the power of federal agencies to regulate businesses and corporate fraud.
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Citibank Ordered to Pay $700 Million Over Credit Card Practices
Citigroup Inc's consumer bank has been ordered to pay $700 million in relief to borrowers for illegal credit card practices, the US Consumer Financial Protection Bureau said.
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PayPal Directed to Pay $25 Million Over Signing Up Users for Credit Service
CFPB said PayPal signed customers up for its PayPal Credit product instead of the user's preferred payment method.
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Bitcoin Called 'Wild West' of Finance by US Watchdog
US CFPB said virtual currencies involved big risks, including huge swings in exchange rates.
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US Taking Steps To Put Google Under Federal Supervision, Report Says
The US Consumer Financial Protection Bureau (CFPB) has taken steps to put Alphabet's Google under formal federal supervision, the Washington Post reported, potentially mounting yet another regulatory challenge for the Big Tech giant.
-
US Supreme Court Weighs Limitations To Federal Agencies' Regulatory Powers
The US Supreme Court on Tuesday began hearing a series of cases that could result in a generational contraction in the power of federal agencies to regulate businesses and corporate fraud.
-
Citibank Ordered to Pay $700 Million Over Credit Card Practices
Citigroup Inc's consumer bank has been ordered to pay $700 million in relief to borrowers for illegal credit card practices, the US Consumer Financial Protection Bureau said.
-
PayPal Directed to Pay $25 Million Over Signing Up Users for Credit Service
CFPB said PayPal signed customers up for its PayPal Credit product instead of the user's preferred payment method.
-
Bitcoin Called 'Wild West' of Finance by US Watchdog
US CFPB said virtual currencies involved big risks, including huge swings in exchange rates.
