Warren, 12 Lawmakers Call on Regulators to Block Capital One-Discover Merger
February 26, 2024
February 26, 2024
WASHINGTON, Feb. 26 -- Sen. Elizabeth Warren, D-Massachusetts, issued the following news release:
Proposed Deal Would Make Capital One the Nation's 6th Largest Bank, Largest Credit Card Issuer
"This merger is bad for consumers.... In addition to harming consumers and small businesses, bank consolidation poses increased systemic risk in the financial system."
Washington, D.C. - U.S. Senator Elizabeth Warren (D-Mass.), a member of the Senate Banking . . .
Proposed Deal Would Make Capital One the Nation's 6th Largest Bank, Largest Credit Card Issuer
"This merger is bad for consumers.... In addition to harming consumers and small businesses, bank consolidation poses increased systemic risk in the financial system."
Washington, D.C. - U.S. Senator Elizabeth Warren (D-Mass.), a member of the Senate Banking . . .