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Democrats Ask Fed to Rethink Approval of Capital One-Discover Merger
pymnts.com/news/partnerships-acquisitions/2025/democrats-ask-fed-to-rethink-approval-of-capital-one-discover-merger
Democratic lawmakers want the Federal Reserve to reconsider its approval of Capital One’s purchase of Discover.
In a letter to the central bank Friday (May 2), Rep. Maxine Waters of California and Sen. Elizabeth Warren of Massachusetts argued that the decision to “rubber stamp” the…
This story appeared on pymnts.com, 2025-05-05 10:58:25.