Political Quotes

Ayanna Pressley: “Bank mergers, in so many cases, have proven to harm consumers with higher prices and more fees, lower deposit rates…”

On the recordApril 30, 2024
Bank mergers, in so many cases, have proven to harm consumers with higher prices and more fees, lower deposit rates, less access to credit, and bank branch closures.
Said by
Ayanna Pressley
Democratic · Massachusetts

Editor's note · Context

Pressley outlines the negative impacts of bank mergers on consumers.

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