I urged the government to block it, and led a letter with 15 Committee Democrats to the bank regulators to immediately strengthen their merger reviews.
Russell Waters
The Public Record
This merger will create the 6th largest commercial bank, and Capital One will be the largest credit card lender in the country.
I am very pleased with President Biden's initiative to eliminate junk fees, as well as all the hard work of the Consumer Financial Protection Bureau under the leadership of Director Chopra to do their part in this initiative.
House Republicans revealed their true colors last year when two-thirds of their caucus voted to defund the CFPB.
After all, 82 percent of Americans, including 77 percent of Republicans, support this popular agency.
Instead, Republicans are here to continue their crusade to crush the Consumer Financial Protection Bureau.
Neither Congress nor our regulators can ignore the impact of the climate crisis on the financial system.
Thank you, Mr. Chairman, for your consideration on this effort, and I am looking forward to it.





