Congress hasn’t seen a merger like Capital One and Discover in a long time.
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The Vault
February 25, 2024
What Capital One-Discover means for card reform
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Capital One merger is one big test for the Capitol
Sen. Elizabeth Warren (D-Mass.) wrote on X that the merger should be blocked, arguing the transaction “threatens our financial stability, reduces competition, and would increase fees and credit costs for American families.”
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Editorial photos provided by Getty Images. Political ads courtesy of AdImpact.