Sen. Elizabeth Warren says Fed, OCC should reject Capital One, Discover deal - report

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Heather Shimmin Sen. Elizabeth Warren (D-MA) is calling for the Federal Reserve and the Office of the Comptroller of the Currency to block Capital One's (COF) planned $35 billion purchase of Discover ...

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Elizabeth Warren (D-MA) is calling for the Federal Reserve and the Office of the Comptroller of the Currency to block Capital One's (COF) planned $35 billion purchase of Discover ...</p>\n\n<a href=\"https://seekingalpha.com/news/4317683-sen-elizabeth-warren-says-fed-occ-should-reject-capital-one-discover-deal\">Source Link</a>\n\n</div>\n","source":"seekingalpha_trending_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sen. 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Elizabeth Warren says Fed, OCC should reject Capital One, Discover deal - report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-22 00:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4317683-sen-elizabeth-warren-says-fed-occ-should-reject-capital-one-discover-deal><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Heather Shimmin Sen. Elizabeth Warren (D-MA) is calling for the Federal Reserve and the Office of the Comptroller of the Currency to block Capital One's (COF) planned $35 billion purchase of Discover ...</p>\n\n<a href=\"https://seekingalpha.com/news/4317683-sen-elizabeth-warren-says-fed-occ-should-reject-capital-one-discover-deal\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DFS","symbol_name":"发现金融","start_time":0,"source_url":"https://seekingalpha.com/news/4317683-sen-elizabeth-warren-says-fed-occ-should-reject-capital-one-discover-deal","article_id":"2485419075","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/647507636/image_647507636.jpg?io=getty-c-w750"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2485419075","pubTimestamp":1732205478,"sourceInfo":{"source_id":"seekingalpha_trending_news","name":"Seeking Alpha Trending News"},"weMediaInfo":null,"summary":"Heather Shimmin Sen. Elizabeth Warren  is calling for the Federal Reserve and the Office of the Comptroller of the Currency to block Capital One's  planned $35 billion purchase of Discover Financial . \"Capital One’s proposed acquisition of Discover poses significant additional risks to consumers,” Democrats including Warren wrote in a letter to Federal Reserve Vice Chair Michael Barr and Acting Comptroller of the Currency Michael Hsu, according to a Bloomberg report on Thursday. Capital One didn’t immediately respond to a Bloomberg request for comment on the letter Warren in February, after the Discover  deal was announced, called for the planned $35 billion transaction to be blocked. \"The merger of @CapitalOne and @Discover threatens our financial stability, reduces competition, and would increase fees and credit costs for American families,\" Warren said in a posting on X less than 24 hours after the companies confirmed the deal. \"This Wall Street deal is dangerous and will harm worki","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"DFS":"发现金融","LU1861220207.SGD":"Blackrock FinTech A2 SGD-H","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","LU0648000940.SGD":"Natixis Harris Associates Global Equity RA SGD","BK7154":"办公室房地产信托","BK4516":"特朗普概念","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","LU0477156797.USD":"HARRIS ASSOCIATES GLOBAL EQUITY \"RE\" (USD) ACC","LU0477156953.USD":"HARRIS ASSOCIATES US VALUE EQUITY \"RE\" (USD) ACC","BK4585":"ETF&股票定投概念","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","LU2360107671.USD":"BGF FINTECH \"A4\" (USD) INC","LU1201861165.SGD":"Natixis Harris Associates Global Equity PA SGD","LU1668664300.SGD":"Blackrock World Financials A2 SGD-H","COF":"第一资本","LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","LU0211331839.USD":"FRANKLIN MUTUAL GLB DISCOVERY \"A\" (USD) ACC","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","OCC":"Optical Cable Corporation","BK4166":"消费信贷","BK4020":"通信设备","BK4588":"碎股","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","BK7122":"办公房地产投资信托","LU1791807156.HKD":"BGF WORLD FINANCIALS \"A2\" (HKDHDG) ACC","COF.AU":"CENTURIA OFFICE REIT","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","LU0130517989.USD":"HARRIS ASSOCIATES US VALUE EQUITY \"R\" INC","LU0130518102.USD":"HARRIS ASSOCIATES GLOBAL EQUITY \"R\" INC","LU1861217088.USD":"贝莱德金融科技A2","LU0106831901.USD":"贝莱德世界金融基金A2"},"translate_title":"参议员伊丽莎白·沃伦(Elizabeth Warren)表示美联储和OCC应拒绝第一资本、发现交易-报告","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"US7Y.BOND":1,"OCC":1,"US10Y.BOND":1,"US12M.BOND":1,"DFS":1,"COF.AU":1,"COF":1,"US2Y.BOND":1,"US30Y.BOND":1,"US3Y.BOND":1,"US5Y.BOND":1,"US6M.BOND":1},"content_text":"Heather Shimmin Sen. Elizabeth Warren (D-MA) is calling for the Federal Reserve and the Office of the Comptroller of the Currency to block Capital One's (COF) planned $35 billion purchase of Discover Financial (NYSE:DFS). \"Capital One’s proposed acquisition of Discover poses significant additional risks to consumers,” Democrats including Warren wrote in a letter to Federal Reserve Vice Chair Michael Barr and Acting Comptroller of the Currency Michael Hsu, according to a Bloomberg report on Thursday. Capital One didn’t immediately respond to a Bloomberg request for comment on the letter Warren in February, after the Discover (DFS) deal was announced, called for the planned $35 billion transaction to be blocked. \"The merger of @CapitalOne and @Discover threatens our financial stability, reduces competition, and would increase fees and credit costs for American families,\" Warren said in a posting on X less than 24 hours after the companies confirmed the deal. \"This Wall Street deal is dangerous and will harm working people. Regulators must block it immediately.\" Shares of Discover (DFS) rose 2% on Thursday, and Capital One (COF) gained 1.5%","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2485419075"}