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Warren Warns Bank of New York Mellon That Acquisition of Northern Trust Could Violate Antitrust Laws and Threaten Financial Stability
July 24, 2025
WASHINGTON, July 24 -- Sen. Elizabeth Warren, D-Massachusetts, ranking member of the Senate Banking, Housing and Urban Affairs Committee, issued the following news release:

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Warren Warns Bank of New York Mellon that Acquisition of Northern Trust Could Violate Antitrust Laws and Threaten Financial Stability

"This transaction would supercharge existing financial stability risks by merging one bona fide Too-Big-To-Fail ('TBTF') bank with a . . .

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