ICYMI: At Subcommittee Hearing on Economic Policy, Experts Agree With Senator Warren on the Risks of Consolidation in the Banking System, Need for Stronger Merger Guidelines
August 02, 2023
August 02, 2023
WASHINGTON, Aug. 2 -- Sen. Elizabeth Warren, D-Massachusetts, issued the following on Aug. 1, 2023:
Today, chairing a hearing of the Senate Banking, Housing, and Urban Affairs Committee Subcommittee on Economic Policy, Senator Elizabeth Warren (D-Mass.) questioned financial policy experts and analysts on the effects of consolidation in the banking system on the economy, small businesses, and consumers. During the hearing, experts agreed with Senator Warren that large mergers harm co . . .
Today, chairing a hearing of the Senate Banking, Housing, and Urban Affairs Committee Subcommittee on Economic Policy, Senator Elizabeth Warren (D-Mass.) questioned financial policy experts and analysts on the effects of consolidation in the banking system on the economy, small businesses, and consumers. During the hearing, experts agreed with Senator Warren that large mergers harm co . . .