AlJazeera, February 20, 2024, US Banking Giant Capital One to Buy Discover Financial For $35.3bn
Jesse Van Tol, the chief executive of the National Community Reinvestment Coalition, said the acquisition would likely raise concern among regulators, including the Federal Trade Commission and Consumer Financial Protection Bureau
“Retailers might also oppose? I can’t think of [a] bank merger facing more opposition than Capital One buying Discover,” Van Tol said in a post on X.
