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Apple will now be treated like a bank

(9to5mac.com)
105 points mgh2 | 1 comments | 22 Nov 24 06:06 UTC | HN request time: 0.208s | source
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yieldcrv ◴[22 Nov 24 08:02 UTC] No.42211980[source]▶
If I was a betting man, which I am, I wouldnt draw attention to myself if I was the CFPB
replies(2): >>42212207 #>>42212209 #
HeatrayEnjoyer ◴[22 Nov 24 08:54 UTC] No.42212209[source]▶
Do you mean Apple? Your comment is unclear as-is.
replies(1): >>42212256 #
1. yieldcrv ◴[22 Nov 24 09:05 UTC] No.42212256[source]▶
The CFPB shouldn’t expand regulatory oversight of a large player that doesn’t want additional regulatory oversight

because this is an unfavorable political environment for the CFPB’s continued existence

unilaterally covering someone that could challenge the authority just accelerates the outcome