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The combination could make the resulting firm the largest credit card company in the United States, as well as the country’s sixth-largest bank.

Virginia lawmakers hail Capital One amid merger review

A sizable portion of the Virginia congressional delegation sent a letter to federal regulators lauding Capital One as the bank navigates a high-profile bank merger approval with Discover Financial.

The document, dated July 10 and first shared here, reads like a letter of recommendation for the Virginia-based credit card giant. Virginia lawmakers like Sens. Tim Kaine (D) and Mark Warner (D) and Reps. Gerry Connolly (D) and Rob Wittman (R) encourage regulators to “appropriately consider the contributions that Capital One has made to Virginia.”

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The Tax Cuts and Jobs Act gave families $1,500 yearly, boosted small businesses, and strengthened U.S. competitiveness. Allowing it to expire would jeopardize this progress. Congress: Renew the TCJA to secure growth and prosperity for all.

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