Consumer watchdog halts Biden-era Google Payment supervision, Bloomberg News reports

Reuters

2025/05/09

May 8 (Reuters) - The Consumer Financial Protection Bureau discontinued its order designating the supervision of Alphabet's GOOGL.O Google Payment, reversing a Biden-era decision to monitor the nonbank financial platform, Bloomberg News reported on Thursday.

(Reporting by Arsheeya Bajwa in Bengaluru; Editing by Alan Barona)

((ArsheeyaSingh.Bajwa@thomsonreuters.com; +91 8510015800))

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