CFPB Pulls Plug on Google Payment Oversight; Alphabet to Withdraw Lawsuit

pymnts.com/news/cfpb/2025/cfpb-pulls-plug-on-google-payment-oversight-alphabet-to-withdraw-lawsuit

The Consumer Financial Protection Bureau (CFPB) has abruptly abandoned its effort to supervise Google Payment, unraveling a marquee Biden-era bid to extend the agency’s reach into Silicon Valley and lifting a potential compliance burden from parent company Alphabet. The policy U-turn…

This story appeared on pymnts.com, 2025-05-08 23:32:44.
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