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Democrats have been broadly skeptical of this merger, which would be the largest approved by federal authorities since Dodd-Frank was passed.

Republicans like the CapOne-Discover merger

A group of Republican lawmakers led by Rep. Scott Fitzgerald (Wis.) urged federal bank regulators to “promptly” process the proposed megamerger of Capital One and Discover.

The lawmakers stop short of explicitly endorsing the deal, first announced in February that’s poised to make Capital One an even more dominant player in U.S. credit card markets. But Republicans see a lot to like, according to the letter sent today.

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Presented by Cencora

From accelerating innovation to powering the pharmaceutical supply chain, we reduce barriers to expand access to medications for millions of Americans at sites of care in their communities. Learn more

Editorial photos provided by Getty Images. Political ads courtesy of AdImpact.

Presented by Cencora

From accelerating innovation to powering the pharmaceutical supply chain, we reduce barriers to expand access to medications for millions of Americans at sites of care in their communities. Learn more

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