How A 7 Billion Dollar Deal Could Devastate This City

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4 years ago
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Fed Chair Jerome Powell hasn't stopped a single bank merger, despite a legal duty to block mergers that harm the public interest. Now M&T bank plans to merge with People's United, causing 1,000+ people to be fired and harming customers and small businesses in Bridgeport, Connecticut — one of the poorest cities in the country. Powell needs to act.
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