CFPB May Place Google Under Federal Supervision [zero hedge]
PayPal Holdings, Inc. (PYPL)
Last paypal holdings, inc. earnings: 1/29 04:15 pm
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Source: zero hedge
CFPB May Place Google Under Federal Supervision Washington Post reports the Consumer Financial Protection Bureau (CFPB) is moving to place Google under federal supervision, potentially subjecting the tech giant to strict monitoring similar to that imposed on financial institutions. Two people familiar with the situation said Google resisted the move to be placed under federal supervision, setting the stage for a potential legal battle with the CFPB. Formed after the 2008 GFC meltdown, the CFPB has broad powers to shield consumers from unfair, deceptive, or predatory financial practices. The reasons behind CFPB's potential move remain unclear, and the agency's future direction under Director Rohit Chopra faces uncertainty with President-elect Trump's return to the White House. WaPo said: The CFPB already conducts these inspections at large banks and credit unions, which have been subject to supervision — by other state and federal regulators — for many years. But Chopra has expressed r
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News
- Shopify Surges on Upbeat Q3: ETFs to Gain [Yahoo! Finance]Yahoo! Finance
- PayPal Unveils Innovative Money Pooling Feature, Simplifying Group Expenses Between Family and Friends [Yahoo! Finance]Yahoo! Finance
- Money Transfer Apps Industry Worth $47.67 Billion by 2029 - Regional Markets Analysis and Profiles of Leading Players PayPal, Western Union Financial Services, Wise Payments, Remitly, WorldRemit, Revolut & More [Yahoo! Finance]Yahoo! Finance
- PayPal Unveils Innovative Money Pooling Feature, Simplifying Group Expenses Between Family and FriendsPR Newswire
- Detroit Embraces Crypto For Tax Payments: Risks And Potential [Forbes]Forbes
PYPL
Earnings
- 10/29/24 - Beat
PYPL
Sec Filings
- 10/29/24 - Form 10-Q
- 10/29/24 - Form 8-K
- 10/15/24 - Form 4
- PYPL's page on the SEC website