Congressional Democrats urge U.S. to block Capital One-Discover deal
Written by Black Hot Fire Network on February 26, 2024
Thirteen top Democrats in Congress urged the Biden administration on Sunday to reject the proposed merger between Capital One and Discover Financial Services, warning that the deal threatens to reduce customers’ banking and credit card choices and saddle them with high fees.
Led by Sen. Elizabeth Warren (D-Mass.), the lawmakers also urged . . .
