Majority Leader Schumer Presses Capital One, Discover on Merger Deal
Wednesday, April 10, 2024
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Posted by: Sierra Lindemann
Senate Majority Leader Chuck Schumer raised concerns about the proposed multi-billion-dollar merger between Capital One and Discover. Schumer urged both companies for more transparency, highlighting potential risks such as higher interest rates, increased fees, diminished competition and potential job losses, among other concerns. Read more of his speech by clicking below.
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