CFPB Head Sees Flaws In Capital One-Discover Deal Rationale

By Al Barbarino (March 21, 2024, 5:01 PM EDT) -- The head of the Consumer Financial Protection Bureau pushed back on Thursday against the notion that an industry's biggest firms must be put in check through mergers between other large players in that sector, offering an indirect rebuttal to the reasoning floated by Capital One in its bid to buy Discover Financial for $35.3 billion....

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